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I can hear Trump leaning into Jerome’s ear saying “do your job Powell”.

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May Davos man reap their just rewards in hell, and soon. Let the defenestrations proceed at an ever accelerating pace. Grant us a permanent reprieve from Fungus in Chief Josef R. Stolen and his minions. May our future leaders be wise enough to join BRICS call it USBRICS? BRICSUS? We need not have conflicts with Russia or China . . . up yours Pompeo!!! And may the EU and NATO be swept into the dustbin of history, good riddance to bad rubbish.

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Actually, only the first half of the video is really relevant.

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Yes. That first half is really interesting for a number of reasons (and thanks very much, Mark, for your partial transcription). As an example, I have often wondered why it is that Luongo seems to be the only one in the general public who has been able to figure out the workings of the "economic war" between the FOMC, the U.S. commercial banks, and Davos/EU/ECB. Here he notes that he does speak with a lot of insiders who know that this war is going on but cannot speak about it due to their positions. Makes sense and given that thank God for Luongo and that he is on our side. Not many people combine his intelligence, analytical abilities, communications abilities, and most of all, passion.

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Popcorn worthy!

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RemovedJul 16, 2022·edited Jul 16, 2022
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The Fed could very easily destroy the U.S. economy and do so much more quickly and efficiently than the Euro-Commies could ever dream of. Moreover there is no one to stop them. We are truly at their mercy (whether or not their intent is malicious toward us). But this gets back to Luongo's point that their incentive for not doing so and their incentive for stopping Davos from doing so is the best incentive you can have: their own continued existence and wielding of power. On the other hand we already know Davos' intent.

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I don't know about the virtue signaling. I think it might be more a factor of the kind of bubble these people live in and the amount of general (non-economic) information to which they are exposed. That sort of limited exposure is, I think, always a concern when it comes to their decision making. That said, I do think his primary concern is to keep the economy humming, inflation in bounds, and employment at a functional level. But what do I know? :)

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The Republicans can usually be depended on to do nothing, which lessens the chance of anything negative happening :)

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