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Mark Wauck's avatar

Since we're talking about money,

Jonathan Turley

@JonathanTurley

Hunter’s haiku appears a tad off from the traditional 17 syllables in 3 lines of five, seven, five. For the next showing, a more traditional and relevant haiku may be warranted:

"Money falls like leaves

Influence is an art form

The Big Guy sees all."

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perle's avatar

"The mainstream narrative is that, for inexplicable reasons, Powell is simply making a terrible mistake with the continuing interest rate hikes." The reality is that our government is making a terrible mistake with continuing spending, and on top of that shutting down the most productive elements of our economy. The result is that we have a Ponzi economy and markets. The further reality is that all Ponzi schemes end up crashing. His balancing act is to take away the punchbowl, and the credit cards while avoiding a crash. He is the adult in the room. So far he has been successful, although Congress is not cooperating. This could end up very badly, and of course he will get the blame. Him and Trump.

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