RE: RE: The Fed Doesn't Print Money: What Are Reserves
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RE: The Fed Doesn't Print Money: What Are Reserves

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This is not the message, either overt or implied.

This is not the intended message, but your intent is irrelevant.
What matters is how your message is actually interpreted by the people hearing it.

People have basic questions like,

Why am I seeing Jerome Powell on 60 minutes talking about flooding the economy with money if that's not what he's actually doing?

Why would anyone lie in such a stupid way that makes themselves look incompetent on purpose?
Why doesn't he just tell the truth and say, "Nah we're just printing reserves don't worry about it."
Isn't that the politically obvious thing to do? Classic deflection and blaming someone else.

The narrative you're peddling goes something like, "Powell doesn't care if he and the FED look incompetent they just want to trick people into thinking they have power so they can manipulate greater market forces." And even if that's true it's a completely unbelievable narrative that nobody is going to buy no matter how many times it gets repeated.

So again if it were me I'd fall back on things that actually make sense like, I don't know, how derivatives are leveraged to steal wealth from the majority into the banker's pockets. Or maybe the relationship between the federal reserve and the federal government. Topics that can't be so casually dismissed by those who think they know better. Just my two cents: Tactless as always.

@edicted: This is not the | Ecency