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This statement is hilariously ridiculous, definitely a keeper. Jerome Powell did not "stand firm" when in March 2020, someone (who?) came to him and said he had to reverse his balance-sheet scramble in order to make room for global effort to quash a leaked lab-created pathogen. I would love to have been a fly on that wall, just listening in.
Jerome caved.
Now he is whining like a man-child that his supposed independence is being compromised by a threatened criminal indictment over a profligate building project.
Historians will have a hard time making sense of this hilarity, including the faux-serious pose in this histrionic statement of pretend integrity.
There is no place in a democracy for a secretive and all-controlling central bank. These conspirators are toast, if not now or tomorrow, then eventually. A peoples' government needs a peoples' money that people can own and control, and a banking system that is based on market competition, not a cartel of big shots.
Sorry, Jerome, you showed your cards five years ago, revealing exactly who and what you serve, and that is not the American people. These are the end times for the Federal Reserve.

So much for price stability.

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