Jerome Powell: America’s Monetary Arsonist in Chief

Powell’s Record of Failure Stephen Moore is right about one thing: Jerome Powell has been wrong at almost every turn. He called inflation “transitory” while the cost of living exploded. He fiddled with interest rates like a gambler doubling down on a losing hand. He propped up Biden’s lockdowns with trillions of newly minted dollars, vaporizing the purchasing power of the middle class. If Powell were running a private fund, he’d have been fired years ago. Moore points out that Powell’s economic forecasts have been wildly off base. Case in point: the Fed chair tells investors to expect 1.6% growth, while actual GDP is coming in closer to double that. His crystal ball isn’t just cracked—it’s shattered. Yet the same…