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George Pearkes @peark.es

What, like their COVID response? Which has now been almost entirely unwound? I am telling you this is all brazen lies and nonsense. Completely embarassing.

At the heart of independence lies credibility and political legitimacy. Both have been jeopardized by the Fed’s expansion beyond its mandate. Heavy intervention has produced severe distributional outcomes, undermined credibility and threatened independence. Looking ahead, the Fed must scale back the distortions it causes in the economy. Unconventional policies such as quantitative easing should be used only in true emergencies, in coordination with the rest of the federal government. There must also be an honest, independent, nonpartisan review of the entire institution, including monetary policy, regulation, communications, staffing and research.
sep 5, 2025, 3:52 pm • 105 10

Replies

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WndlB @wndlb.bsky.social

But told with the utmost pretension.

sep 5, 2025, 4:02 pm • 0 0 • view
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Triple Steak Guy @triplesteakguy.bsky.social

at or near the top of the requirements list for all these appointed positions is willingness to lie to the media. like i'm not joking, it's a more unifying factor than the fascism or racism or anything else

sep 5, 2025, 4:40 pm • 0 0 • view
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ARRM4 @ar-rm4.bsky.social

bsky.app/profile/aaro...

sep 5, 2025, 3:59 pm • 0 0 • view
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caveroad.bsky.social @caveroad.bsky.social

Lies and damn lies. The Trump admin is like a Russian nesting doll of lies. It'll be funny in 10 years. If we're still here.

sep 5, 2025, 4:10 pm • 0 0 • view
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thagoochiestmane.bsky.social @thagoochiestmane.bsky.social

Somehow still not as embarrassing to Bezos as him marrying a giant piece of ocean plastic

sep 5, 2025, 4:00 pm • 0 0 • view
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strycco @strycco.bsky.social

bsky.app/profile/stry...

sep 5, 2025, 4:03 pm • 0 0 • view
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Malaclypse the Middle @malaclypse.bsky.social

RFK2 is gonna kill more people, and Whiskey Pete is more dangerous, but there’s a good argument that Bessent is the most embarrassing, obsequious Cabinet member.

sep 5, 2025, 3:56 pm • 4 0 • view
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singlechairother.bsky.social @singlechairother.bsky.social

Seems like a very creative way to attack monetary policy under dem administrations.

sep 5, 2025, 4:01 pm • 0 0 • view
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tobioboi.bsky.social @tobioboi.bsky.social

This is the guy the market's trust?

sep 5, 2025, 3:54 pm • 1 0 • view