The Fed was never truly independent to begin with, so I honestly don’t really get the fuss
@AndreasSteno There is a difference between being suspected of cheating and kinda just doing it in public. It has never been truly independent but it has never headed down this path where it will be blatantly unindependent. But then again, does it really matter. DXY holding and yields still
@OneOutx2 I agree with everything you write here
@AndreasSteno One cannot be independent when you have a dual mandate I guess. Employment and economy will trump (pun intended ) price stability in the long run. My opinion and not a sponsored phd study.
@AndreasSteno Perception versus reality
@AndreasSteno Powell is standing up to Trump. We're basically witnessing another LBJ vs Fed type of moment (which ultimately lead to the Great Inflation of the 1970s).
@AndreasSteno The fuzz is the changed perception
@AndreasSteno The fuss is because the plebs are starting to notice.
@AndreasSteno Thank You, Andreas. What a noise machine that story is.
@AndreasSteno My strategy plan ⬇️Show more
@AndreasSteno There are levels to it
@AndreasSteno The fuss is because middle america is economically heading towards an untenable path. Politically, this can't keep heading this way, so leadership has to pull out all the stops - not saying that's effective
@AndreasSteno It’s not binary. Jesus Christ
@AndreasSteno There is not independent and not independent. The market doesn’t react to trumps attacks at the Fed but it will and then everyone will be surprised and say that you twited that it was never truly independent.
@AndreasSteno us was also never a real democracy so what's the fuss
@AndreasSteno Really, this is your take?
@AndreasSteno What a hot take
@AndreasSteno @Maxicsxarr 🖕🖕 💼winning quietly is still winning.🚩🦋
@AndreasSteno exactly