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Jerome Powell is 72, rich, and completely removed from the struggles of everyday Americans.
He looked straight at soaring prices and called inflation “transitory,” ignoring brutal data until it was too late, letting the worst inflation in modern history ravage savings and crush families.
He stayed silent while Washington burned through trillions in reckless spending long after the COVID emergency was over.
Then, in a blatant act of political favoritism, he slashed rates by 50 basis points right before the election, something no truly independent Fed Chair should ever do.
And now? He refuses to lower rates, hiding behind fears of “future inflation” that doesn’t even exist in today’s data.
Under Powell’s watch, the Fed became a tool of delay, denial, and politics, ensuring that he’ll be remembered as one of the most failed and compromised Federal Reserve Chairs in American history.
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