I think Jerome Powell would be in the history books forever, he did an excellent job during Covid-19 I can’t imagine anyone else doing an excellent job keeping the economy alive ! He’s my role model 🇺🇸
A very underrated figure for sure. A lot of his work is taken for granted, but he really is doing a great job given on what he has inherited from his predecessors.
Sometimes I feel there's a hint of an agenda in some of the questions Mr Rubenstein asks his guests. Not this time. An excellent interview-- as much educational as informative-- of a great public servant. Thank you David.
I know a lot of people don’t like the federal reserve but all things considered with what he’s had to deal with Jerome Powell has done a phenomenal job as the chairman of the federal reserve, he printed enough money to get us through Covid and when that came back to bite us with the high inflation, he knew how to raise interest rates just enough to not throw the economy into a recession we really had a soft landing.
Инфляция началась когда ФРС напечатала в 2021 году 5 триллионов долларов а экономика не смогла это переварить и из-за бешеного спроса на товары, в предчувствии обесценения денег, цены начали расти дикими темпами...
I agree. Hindsight is 20/20. It’s easy to say that they should have acted earlier when we look back but it was impossible for them to know how long Covid will last (or the exact damages caused by Covid) at that point in time.
It's interesting how they believe they did so great in the Covid situation and the afterquake. Contrarily, many other people would definitely and highly disagree.
This idea that the Fed has no political considerations is preposterous. If this were fact, it would make them much less than they could otherwise be. So, The Fed is going to tell me that the Fed hasn’t ANY AT ALL political considerations!?
Also, Chairman Powell isn’t holding any politician to account for the pandemic, and instead justifying his decisions by justifying their decisions. Displacing accountability at multiple levels.
I feel investors should focus on under-the-radar stocks, considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises plummeting stocks that were once revered. I don't know where to go here out of devastation.
The safest approach I feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.
My CFA ’ is Leah Foster Alderman a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Appreciate this recommendation, hopefully, I can get some insight into where the market is headed and strategies to beat the downtrend when I hear back from Leah Foster Alderman
Under the radar are for a good reason I think. So many technology companies without clear path to profitability, and yet CEO s paying themselves millions of dollars salaries as if they deserve it, whilst dragging investors into poverty.
it sounds to me like JP was sending very dovish signals during this interview... A dovish rhetoric will also be on the table on the 31st, I reckon. We'll find out soon...
@MR-te5fk, Incorrect, goofball. At 19:44 in this video, Rubinstein says: “[He] was originally appointed to the board by President Obama, appointed Chair by President Trump, and reappointed by President Biden.” Powell has a great speaking ability while also knowing his numbers.
I seriously don't know why anyone would pat the Fed on his back! Life in America really sucks. My only dream is to leave this dumpster fire! Recovery in America is outright impossible! Insurance companies don't respect their clients and this guy makes everything worse!
@Learner4FunLifePersona I would never work unless my retirement savings was going into the Taft-Hartly. I would save as much money as possible and leave America permanently to escape the unfortunate practice of affirmative action and DEI. I would find a country that places value on talented people. I would seek out a meritocratic society over an American totalitarian regime run by bureaucrats and owned by oligarchs. While stuck under an authoritarian regime. I would never share my knowledge. I would never allow anyone to know how intelligent I am. I would never under any circumstances save money in any American financial institution. I would do everything possible within the authoritarian regimes rules to distance myself. The American Federal Reserve doesn't work for us. They do what WEF tells them they have to do. Klaus Schwab has more power than all the American people combined.
David is a good interviewer, and Jay is an honest and serious man.
Both are wonderful at their roles!
Jerome Powell is criminally underrated. He's not only incredibly well spoken, but also calm and intelligent.
I think Jerome Powell would be in the history books forever, he did an excellent job during Covid-19 I can’t imagine anyone else doing an excellent job keeping the economy alive !
He’s my role model 🇺🇸
A very underrated figure for sure. A lot of his work is taken for granted, but he really is doing a great job given on what he has inherited from his predecessors.
David is a great journalist!
Sometimes I feel there's a hint of an agenda in some of the questions Mr Rubenstein asks his guests. Not this time. An excellent interview-- as much educational as informative-- of a great public servant. Thank you David.
I know a lot of people don’t like the federal reserve but all things considered with what he’s had to deal with Jerome Powell has done a phenomenal job as the chairman of the federal reserve, he printed enough money to get us through Covid and when that came back to bite us with the high inflation, he knew how to raise interest rates just enough to not throw the economy into a recession we really had a soft landing.
I'm glad hearing this interview, thank you.
Excellent interview David! Ty
Detective of Money Politics is following this very informative content cheers from VK3GFS and 73s from Frank from Melbourne Australia 😊
Wonderful Interview
"Hey cut rate!"
Thats funny.
Инфляция началась когда ФРС напечатала в 2021 году 5 триллионов долларов а экономика не смогла это переварить и из-за бешеного спроса на товары, в предчувствии обесценения денег, цены начали расти дикими темпами...
Ppl don’t understand but they did a great job. They should have acted earlier tho but with Covid they couldn’t. Very difficult job indeed.
I agree. Hindsight is 20/20. It’s easy to say that they should have acted earlier when we look back but it was impossible for them to know how long Covid will last (or the exact damages caused by Covid) at that point in time.
It's interesting how they believe they did so great in the Covid situation and the afterquake. Contrarily, many other people would definitely and highly disagree.
This is like watching the cogs in the machine turn in real time.
God Bless the Money Printer!
This idea that the Fed has no political considerations is preposterous. If this were fact, it would make them much less than they could otherwise be. So,
The Fed is going to tell me that the Fed hasn’t ANY AT ALL political considerations!?
David is as sharp as a tack and yet very funny... A raririty in today's climate
Also, Chairman Powell isn’t holding any politician to account for the pandemic, and instead justifying his decisions by justifying their decisions. Displacing accountability at multiple levels.
I feel investors should focus on under-the-radar stocks, considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises plummeting stocks that were once revered. I don't know where to go here out of devastation.
The safest approach I feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.
This is considerable! think you could suggest any professionals/advisors? I'm in dire need of proper portfolio allocation.
My CFA ’ is Leah Foster Alderman a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Appreciate this recommendation, hopefully, I can get some insight into where the market is headed and strategies to beat the downtrend when I hear back from Leah Foster Alderman
Under the radar are for a good reason I think. So many technology companies without clear path to profitability, and yet CEO s paying themselves millions of dollars salaries as if they deserve it, whilst dragging investors into poverty.
Due mandate bank. Bailout hedge funds and help investment banks to keep the population extremely desperate!
Wall Street ain’t Main Street. Not ready to give power so much credit. Not just yet.
I trust you can i leave to you
it sounds to me like JP was sending very dovish signals during this interview... A dovish rhetoric will also be on the table on the 31st, I reckon. We'll find out soon...
Trumps pick. Don’t forget that fools.
@MR-te5fk, Incorrect, goofball. At 19:44 in this video, Rubinstein says: “[He] was originally appointed to the board by President Obama, appointed Chair by President Trump, and reappointed by President Biden.” Powell has a great speaking ability while also knowing his numbers.
I seriously don't know why anyone would pat the Fed on his back! Life in America really sucks. My only dream is to leave this dumpster fire! Recovery in America is outright impossible! Insurance companies don't respect their clients and this guy makes everything worse!
What would you do differently? Why would you blame the Fed for the government spending too much money? Wasteful government spending is out of control
@Learner4FunLifePersona I would never work unless my retirement savings was going into the Taft-Hartly. I would save as much money as possible and leave America permanently to escape the unfortunate practice of affirmative action and DEI.
I would find a country that places value on talented people. I would seek out a meritocratic society over an American totalitarian regime run by bureaucrats and owned by oligarchs.
While stuck under an authoritarian regime. I would never share my knowledge. I would never allow anyone to know how intelligent I am.
I would never under any circumstances save money in any American financial institution.
I would do everything possible within the authoritarian regimes rules to distance myself.
The American Federal Reserve doesn't work for us. They do what WEF tells them they have to do. Klaus Schwab has more power than all the American people combined.
American's r not going 2 stop spending $...
We'll spend a lil less.
I've been approved 4 USDA. I jusy want 2b able 2 build my house earlier 2025.
Yeesh Powell was not enjoying that.
Need 100 million usd
For cement and putty and marble exports to us / eu / Saudi / uae
worst ever