Showing posts with label — Tom Luongo (Head Sneetch) (@TFL1728) November 8. Show all posts
Showing posts with label — Tom Luongo (Head Sneetch) (@TFL1728) November 8. Show all posts

Friday, November 8, 2024

TOM LUONGO: Its independence under Powell won us the election. The commercial banks that Trump is going to activate to rebuild America took a punch in the mouth as the Fed raised rates hard to drain the world.

A lot of people are waking up this morning to the force-fed narrative of FOMC Chair Powell saying he wouldn't step down if asked to by Trump Lolbertarians are screaming. ' Woke Right' is out in force, reeeeeeing like 4B chicks after they chopped off their hair. But that chick who asked that question was a plant. Powell's response wasn't a flex, it was a statement to Davos, et al that the Fed doesn't work for them anymore. Its independence under Powell won us the election. The commercial banks that Trump is going to activate to rebuild America took a punch in the mouth as the Fed raised rates hard to drain the world. The howls you hear this morning are all in EUROPE. Not China. Not Russsia. Not Iran. The UK and the EU! Stop carrying water for the people who hate you. Because that's what you're doing RIGHT NOW with this End the Fed bullshit. We'll end the Fed, but after we've broken the BIS, the IMF, The ECB, and, most importantly.... the Gods DAMNED BANK OF FUCKING ENGLAND!