Powell on 60 Minutes: We screwed up.
With $34 trillion in debt destabilizing the financial system, Jerome Powell finally admits the obvious: That federal spending is "unsustainable."
Of course, he was a big part of that, with the Fed printing most of the Covid $7 trillion.… pic.twitter.com/lOuPVHl2PV
— Peter St Onge, Ph.D. (@profstonge) February 12, 2024
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