A few days ago an article was going around Twitter about Jerome Powell and the Federal Reserve. The article commended the response to the pandemic by the Fed, despite the inaction of Congress, and how Powell’s relationship building with Congress paved a trust by both parties. In my opinion, it seemed eerily similar to how Mr. Powell would explain their actions – propaganda similar to the Atlantic 2012 “Hero”. So I’ve decided to review and respond to each paragraph that lacked the real motive and explanation behind the Fed’s response.
The original article is linked at the bottom where it belongs.