THE THESIS: Jerome Powell and his fellow technocrats appear to worship “dot-plots” and their own “wisdom”, but all around them their plans destroy real people. Combine that with the obvious, gross, disgusting corruption at all levels of government and it all becomes plainly Biblical.
THE SCRIPTURE & SCRIPTURAL RESOURCES:
“Son of man, say to the leader of Tyre, ‘Thus says the Lord God,
“Because your heart is lifted up
And you have said, ‘I am a god,
I sit in the seat of gods
In the heart of the seas’;
Yet you are a man and not God,
THE NEWS & COMMENT:
“In the clip below, Senator Shelby asked if it was the data that was wrong, or was there error on their part. Powell's reply seemed to claim it was neither and they followed the textbook's rules. Therefore the book was wrong.
[AUDIO] -
. . . Powell’s response was in short order: 1) They followed the text book rules, 2) We were surprised by unprecedented supply chain issues, 3) We were right in principle”
From the NY Times:
ECB chief: Limiting fast wage growth is needed to rein in inflation
Wages in the eurozone are increasing faster than previously estimated, and the European Central Bank must prevent this from adding to already high inflation in the currency bloc, ECB President Christine Lagarde said.
"We know wages are increasing, probably at a faster pace than expected," Lagarde told Croatian newspaper Jutarnji list, ahead of Croatia joining the currency bloc. "We must not allow inflationary expectations to become de-anchored or wages to have an inflationary effect."
Lagarde added that, at the moment, the ECB's interest rates must be higher in order to curb inflation. The central bank has to "take the necessary measures" to lower inflation to 2 percent from its current rate of near 10 percent in the eurozone, she said.
Traffic filters will divide city into "15 minute" neighborhoods
Jerome Powell and friends: the Stupidity of Brilliance on display. Zach Abrhama joins