THE NEXT BANKING CRISIS BEGINS MARCH 11, 2024

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Jerryg

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HBarlow

HBarlow

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He is under the impression that the central banks are in control of our country, including all politicians, he is not wrong.
My failing vision caused me to misread this earlier.

I most strongly disagree. Your economic advisor doesn't know what he's talking about.
 
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HBarlow

HBarlow

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Jerome Powell is chairman of the Fedeal Reserve.

Jermie Powell lived in the DFW area of Texas and was chairman of the Federal Reserve Bank in Dallas for years. His son Mathew "Matt" Powel was an assistant district attorney in Lubbock, Lubbock County, Texas in the '90s.

As a young ADA (prosecutor), Matt Powell and his wife owned a home on 76th Street in Lubbock. We owned a similar home on 77th Street. Our homes were back-to-back across an alley. We didn't know them except to nod a greeting if we saw them.

In the 2000s, the DA retired and Matt Powell was elected District Attorney of Lubbock County. They sold their home and moved to a more expensive home in a more expensive neighborhood. Upward mobility, part of the American dream.

Several years ago, Matt retired as DA and took a high-paying job in Midland, TX.

The Powell family members are ordinary citizens, patriots, Republican voters. They're probably a little smarter and a little more ambitious than average Americans but not born wealthy, not arrogant, just successful citizens.

Why would Jerome or Matthew Powell control the US economy? The guy in the video above is just another wacko conspiracy theorist who has no idea what he's talking about.
 
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