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Economy

peppertree

(22,850 posts)

9. Well said.

Reply to bucolic_frolic (Reply #8)

Thu Apr 13, 2023, 07:07 PM

Apr 2023

I'm just very given to worrying, to tell you the truth.

That said - I don't entirely trust Chairman Powell.

I will concede that he was probably the only - or one of a handful - of top-level Trump appointees, who was actually qualified and sane.

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Yahoo Finance-Fed's Williams: The Fed has its 'work cut out' bringing down inflation [View all] sprinkleeninow Apr 2023 OP

If you remember the 70s and understand economics this is not a surprise bucolic_frolic Apr 2023 #1

But then - they'd trigger a deep, Early '80s-style recession peppertree Apr 2023 #2

Biden's inherited timing on the economy will be as bad as Trump inheriting COVID bucolic_frolic Apr 2023 #3

I hear you peppertree Apr 2023 #4

It may not be as bad as the 1970s, this is a gig economy bucolic_frolic Apr 2023 #5

In any case, it's all up to the Fed - and I fear they'll try to 'Carter' Biden peppertree Apr 2023 #6

There was 3.5% inflation for several months. The Fed target is 2% progree Apr 2023 #7

Biden and Powell met about 18 months ago, I think bucolic_frolic Apr 2023 #8

Well said. peppertree Apr 2023 #9