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If I'm Janet Yellen I would shamelessly go full MAGA for the next year and say literally anything Trump wants to get appointed, because the alternative is like the Papa John's guy gets appointed and pegs the interest rate to the cost of a medium 2-topping pizza
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NewsWire
@NewsWire_US
TRUMP CONSIDERING RE-APPOINTING JANET YELLEN FED CHAIR: BESSENT
David Watson ๐Ÿฅ‘
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LMAO I just had a conversation with a MAGA type last week about how bad Yellen was (they're right, she wasn't good) but man I would crack up on the 180
We all know guys your age who are sharp, strong, and crushing it โ€” so why arenโ€™t you? If youโ€™re tired, soft, and unmotivated, itโ€™s time to face the truth.
There needs to be some kind of PSA for how the Fed works. The Fed chair is an important role in public relations, but in the ultimate decisions of the Federal Open Market Committee (FOMC) which is what actually determines interest rates, they are just one vote amongst 12.
Janet Yellen is not only old but wasn't that good as a fed chair. She raised rates too early which could have been a deciding factor in tipping the 2016 election towards trump.
She needs to post about 1% interest rates and the booming stock market every chance she can get
Nah. Distorting political signals is kind of how we got into this mess. Voters chose MAGA, let them have MAGA.
We laugh, but thereโ€™s a non-zero chance that he would appoint the Papa Johnโ€™s guy.
Honestly, having rates pegged to the cost of a 2 topping Papa Js is probably better than the realistic alternative of Trump's pick basing the rates on made up numbers and thin air. At least the pizza is real.
If she gets the job she will be required to trumpโ€™s bidding or get sacked so there is no benefit to going maga
My only problem with that is we spent 10 years with people trying this exact trick and mostly just enabling and furthering Trump's autocratic project.
We should start a campaign saying how horrible sheโ€™d be and Trump isnโ€™t man enough to appoint her.
Now do US productivity versus Canada. They're such losers down south. Trump's cabinet are sooooo stupid. You're a fool being played.