How Jerome Powell Became The $6 Trillion Money Printer
发布时间 2022-02-07 20:00:03 来源
摘要
In regular times, people rarely know who the federal reserve chair is or what their stance on monetary policy is. But, ever since the pandemic hit and Jerome Powell turned on the money printer, he has become one of the most influential voices in the world not just within the investment community but amongst the general public. After every FOMC meeting, people nervously wait to hear about Jerome's plans to taper and raise rates. Many savers can't wait for Jerome to raise rates so that their savings will stop evaporating away. Conversely, investors are hoping that Jerome keeps the money printer on as many of their investments have already gone to the moon and they would like a ride to mars. Unfortunately, though, all of Jerome's printing has led to insane inflation numbers and many have started to doubt if high inflation will truly be transitory. So, recently, Jerome has changed his tone on inflation and continued easy money, and it looks like quantitative tightening is coming up soon. This video explains the story of Jerome Powell and how Jerome Powell became the federal reserve chairman.
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Timestamps:
0:00 - Jerome Powell
1:04 - Lawyer Powell
3:00 - Money Powell
5:48 - Hawk Powell
8:26 - Papa Powell
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