EVERY Crypto Will Be DESTROYED – Jerome Powell XRP
The mismanagement of the US economy by the Federal Reserve and Jerome Powell is causing massive inflation, favoring large corporations over small and medium businesses, and leading to concerns about market stability and global trust in the US economy.
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✩ CHAPTERS ✩
1. 00:00 📉 The Federal Reserve and Jerome Powell’s mismanagement of the US economy is negatively impacting everyone, favoring large corporations over small and medium businesses and causing massive inflation.
1.1 The Federal Reserve and Jerome Powell’s mismanagement of the US economy, including favoring large corporations over small and medium businesses, printing trillions of dollars, and causing massive inflation, is negatively impacting everyone.
1.2 Jerome Powell is not doing a good job with the economy and the Federal Reserve should not be in power.
2. 01:32 📉 American households are overleveraged with increasing debt, despite Jerome Powell’s claim of financial stability.
3. 02:50 📉 Americans are in worse financial shape than in 2008, with more debt, leading to concerns about market stability, while business investment and immigration have boosted growth and created a strong labor market.
3.1 Americans are in worse financial shape than they were in 2008, with significantly more debt, leading to concerns about the stability of the market.
3.2 Business investment has been strong, with a large influx of immigration leading to a labor shortage and boosting growth, resulting in a very strong labor market.
4. 04:22 📉 The labor market is imbalanced with more job openings than unemployed workers, contradicting Jerome Powell’s claim of a strong economy post-pandemic.
4.1 Jerome Powell claims that the labor market is as strong as it was pre-pandemic, but data shows a significant imbalance between job openings and unemployed workers.
4.2 Jerome Powell’s claim of a strong economy is ludicrous, as the government forced people out of jobs during the pandemic and now there are not enough workers to fill the job openings.
5. 05:49 📉 Job openings are decreasing, low unemployment rates indicate overworked people and mismanaged economy, as shown by data.
6. 07:07 📉 Inflation is higher than reported and rising, with prices of goods and services increasing significantly.
7. 08:25 📉 Jerome Powell expects growth and a strong labor market, but is not confident in decreasing inflation, while global economies are diverging from the US due to lack of trust in managing the Global Reserve.
7.1 Jerome Powell expects continued growth and a strong labor market, but is not confident that inflation will decrease.
7.2 Inflation is high in many European countries and global economies are diverging from the US economy due to lack of trust in the US to manage the Global Reserve.
8. 10:09 🌍 The US losing influence is bad, but it’s good for other countries not to be influenced by a nation that doesn’t know what it’s doing.
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