Ep. 135 - The Jerome Powell Show | How much of what he’s saying is true?

Will the Fed actually save America’s struggling economy? In this episode, Quinton Harris closely analyzes Fed Chairman Jerome Powell’s eyebrow-raising “60 Minutes” interview. From Powell’s growing celebrity to the inevitable tax hikes around the corner, Quinton breaks down statements that don’t seem to add up, calling the Fed’s independence and priorities into question during this critical election year. Does the country’s most powerful banker still have the Midas touch?

[00:00 - 00:27] Introduction

[00:28 - 01:35] Jerome Powell's Influence

[01:36 - 03:51] Federal Reserve's Rate Cut Decisions

[03:52 - 06:58] National Debt and Economic Sustainability

[06:59 - 09:34] Labor Market Realities

[09:35 - 14:51] Housing Market Dynamics

[14:52 - 16:57] Closing Thoughts

Resources: https://bit.ly/60minstranscript

Key Quote:

"We went from 32 to 34 trillion in [in national debt] eight months” - Quinton Harris

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