The Federal Reserve’s Statements No Longer Matter
Published in
4 min readJan 29, 2021
Every single economic principle of capitalism and monetary theory says this current bubble will end badly, but WHEN? It is hard to say everything is rosy watching hedge fund firms losing billions as a reddit army of stimulus checks swamps their short bets. In the current environment, I could not have possibly cared less what Jerome Powell had to say about anything this week though. The Federal Reserve…
