Posted by: GeetMaiJawaafDiu? March 20, 2025
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The Internet agrees:
The Federal Reserve's (the Fed) monetary policy decisions, which influence interest rates and the availability of credit, have a global impact, affecting economies and individuals worldwide through various channels like exchange rates, financial markets, and global trade.
But we have some dumbasses running such a consequential organization like the Federal Reserve. Powell continues his talk tough on inflation while that ship has long-left and is almost only a speck in the horizon. The landscape for the white-collar job-market remains stuck in the doldrums of still-above target inflation and high-interest environment in which companies have spigot of prospective talents at their disposal if they so decide to bring aboard somebody for an urgent project. While ghosting applicants, over-burdening existing employees, coding assessment evaluation which was a mainstay of mostly FAANG companies are now norms as employers have now the upper-hand.
Probably most of us have never realized before that epitome of incompetence such as Joe Biden, Kamala Harris, Jerome Powell and his Fed cohorts driving America and the world into the ground while they fell asleep at the wheels or willfully destroyed something which was once great. George Carlin talked about stupid consumerism-obsessed people running around. That’s not too bad considering that thoroughly inept people are running the show at a level that affect the entire contemporary humanity and that’s the true tragedy.
Last edited: 21-Mar-25 04:21 PM