Posts Tagged "Jay Powell"

Fed chair’s higher loyalty

Posted By Darren Winters on Oct 13, 2018

The Fed chair’s higher loyalty goes beyond the elected person sitting behind the desk in the first oval office. The Fed is not a public institution, it is a private corporation with secret shareholders. So the Fed chair’s main objective will be to implement monetary policy that upholds, fortifies the wealth, power and influence of the Fed’s shareholders. The Fed chair’s higher loyalty is to its oligarch...