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gab13by13

(32,607 posts)
Mon May 4, 2026, 07:05 AM 7 hrs ago

Kevin Warsh's Has A New Inflation Metric & It Is Useless

Warsh takes over as Fed chair on May 15th, he is going to use an inflation metric that ignores volatile categories that affect consumer goods.

Krasnov dearly wants to lower interest rates to zero, to crash the dollar. I understand that Warsh is just one vote but I also understand that he is a member of the Krasnov mob.

At Jerome Powell's last Fed meeting he expressed the sentiment that based on Krasnov's tariffs and the war in Iran causing higher gas prices that interest rates may not be able to be lowered in 2026 and going into 2027.

Crashing the dollar means that the consumer won't be able to purchase as much goods at Walmart.

Many countries are now substituting other currencies for the dollar. The dollar as the world's currency is going to be in serious jeopardy with Warsh as Fed chair.

Please Jerome, do not retire, stay on, we need you.

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Kevin Warsh's Has A New Inflation Metric & It Is Useless (Original Post) gab13by13 7 hrs ago OP
So now you like Powell? Fiendish Thingy 5 hrs ago #1

Fiendish Thingy

(23,804 posts)
1. So now you like Powell?
Mon May 4, 2026, 08:57 AM
5 hrs ago

I remember a time when he could do nothing to please you.

Glad to have you on team Powell.

I expect the Fed to hold rates steady until the end of the year, and if the economy continues to decline/inflation climb, start hiking rates in 2027.

It’s tricky, because we could be headed for significant stagflation, where rate setting is a finer needle to thread.

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