https://preview.redd.it/jq1lnjob9ms91.jpg?auto=webp&s=6f477f75e6aa7ecf1351ea28052b5139435da43b
Easily one of the worst Fed Chairmen since the 70s. JPow = 🤡
View Reddit by KKrum41302 – View Source
LEARN ABOUT: Investing During Inflation
REVEALED: Best Investment During Inflation
HOW TO INVEST IN GOLD: Gold IRA Investing
HOW TO INVEST IN SILVER: Silver IRA Investing
Did they ever stop printing for the stock market and banks?
The reserve didn’t simply ignore it, they poured gas on that fire
The OP that made this cartoon was probably screaming at the FED in 2018 to NOT increase rates then. These dipshits think you can keep rates at 0 forever and NOT have an inflation problem.
This is fine.
Just the whole economy at stake….what could go wrong
Quite possibly worst ever. Like what is the equivalent of GOAT? WOAT?? Yeah he’s the WOAT
They acted late for sure but that pandemic thing tho.
70s inflation is so poorly misunderstood.
First oil shock took about 3 years for inflation to come back down, during which time the Fed had a loose money policy to maximize output during the supply shortage.
Second oil shock took about 3 years for inflation to come back down, during which time the Fed had an extreme tight money policy to not maximize output during the supply shortage.
This sub was all JPow dick riders just two years ago.
Yes. Fuck this guy. Asleep at the wheel over one of the worst market bubbles in history. Now runs the world economy into the ground to fix it.
Cartoonist forgot roasting marshmallows and selling entire stock portfolio in Oct’21.
Trump should have let Powell do his job in 2018. PPP was a gigantic fraud, they never should have let Eddie Lampert’s pal be secretary of the Treasury. But most of all, they should have made the banks pay for 2008 instead of creating the gigantic moral hazard that has shaped the market and its perception to this day – where everyone is somehow expecting the Fed to “pivot”, resume QE and do rate cuts to near 0% again as if that’s what a normal economy is.
Trifecta. Powell, yellen and gensler are the worst at their positions. They don’t care about the economy, markets, or citizens. It’s all about power and control.
You forgot the part where he was pouring gas on it for the first 3 frames
They are trying to save the economy by ruining the economy
This sub has waaaay more monetary policy experts than all the FED commissioners in history combined.
Yup, Powell needs to resign along with some other high-level Fed officials. Absolute garbage. They caused the inflation and then caused the recession. A 3rd grader could do a better job.
There’s such thing as a good fed chairman?
Biden is adding fuel to the inflation as well by having huge spending bills. So, J Pow is fucked, and we are fucked.
The first 3 slides should have JPOW making the money machine go BRRRR fueling the fire.
Y’all sure do love being dramatic around here, huh?
This is the price you pay for all the exorbitant gains we got in 2020
Play stupid games, win stupid prizes
We are fukt
i mean janet yellen is previous chairman, i swear she is something out of an adam sandler movie where the village idiot gets appointed into a position of power
We should lay off pow to help curb some inflation!
You forgot th part where he prints $ and pours gas on the flame
My assumption as to why this happened is because when they said, “Inflation is transitory” they were working on the assumption that businesses were super greedy and didn’t care about people. Combine that with the influx of cash from the stimulus checks to the population and there’s a 100% guarantee of inflation. The debate is which kind of inflation we could expect.
The current people in charge forgot that the rest of the world also had issues at the same time and not all of the issues were created by greedy billionaires trying to fuck over the little guy and this is most likely the reason for the delay.
Lol this is too accurate
I concur.
Jp at least has the balls to do what is right vs Bernanke and Yellen sucking banks cock and sent the world in the modern day spiral we see today, and we are living in 20 years of horrible fiscal policy from those decisions.
He was dumping gas on the fire the entire time. He’s complicit
Do we just ignore the fact that booming stock market was Trumps golden ticket to re-election ?
This is so unfair to JPOW, the guy got put in an impossible situation with COVID
I remember my parents getting stimulus checks and being like “WTF, we don’t need the money.”
What hero?! He recked the economy.
It clearly the fed can’t deal with inflation, and his decision is to reck t
Bravo! Bravo! Great illustration! Great illustration. Now show me where he hurt you…
[deleted]
Trump was right yet again when he tried to remove him.
It’s all the fault of the stupid Chinese bat, if they ate spaghetti, pizza or similar garbage like us, we will be all millionaires by now.
Dumb af take.
Have fun staying poor.
The fire is obviously “transitory” duh
Let’s keep interest rates at 0% then, what could go wrong?
They didn’t account for retirements.