Powell: Lawyer, Not a Leader Jerome Powell doesn’t like drama. He’s no Volcker lighting cigars with inflation stats. He’s no Greenspan grunting riddles. He’s not even Bernanke, the deer in the economic headlights of 2008. Powell is a corporate lawyer in central banker cosplay—risk-averse, market-friendly, and allergic to surprises. Except last September. Then he dropped a 50bps rate cut out of nowhere—what for? To breathe life into Kamala Harris’ poll numbers? If that was the play, it flopped harder than CNN+. So here we are again. Stocks soaring. Inflation cooling. Unemployment low. And Powell? He’s warming up the scissors. Why? Because just under the glossy economic veneer, the system’s rotting from the inside. The “All Clear” Cover Story Inflation: Close…
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