and a message from Powell
1. Love the Joker meme
2. Congress isn't listening
3. Powell can't be Volcker. Volcker wouldn't have inflated M2 by 26% in one year no matter what government was doing. Maybe he's jekyll and hyde.
May we live in interesting times
1. I "borrowed" that from @LynAldenContact
2. Correct, to our and their detriment (higher taxes inbound?)
3. Also correct. Debt to GDP between Volcker's era (~30%) to the current era (~120%) is the biggest hurdle.
1. Love the Joker meme
2. Congress isn't listening
3. Powell can't be Volcker. Volcker wouldn't have inflated M2 by 26% in one year no matter what government was doing. Maybe he's jekyll and hyde.
May we live in interesting times
1. I "borrowed" that from @LynAldenContact
2. Correct, to our and their detriment (higher taxes inbound?)
3. Also correct. Debt to GDP between Volcker's era (~30%) to the current era (~120%) is the biggest hurdle.