The Fed’s Fantasyland: How Jerome Powell’s Delusions Are Steering America Into Economic Oblivion

The Rate Pause That Solves Nothing So here we are—again. The Fed held rates between 4.25% and 4.5% and tried to sell it as strategic patience. In reality, it’s cowardice. Powell doesn’t have the guts to admit the Fed is trapped. Raise rates and you crash the debt-leveraged economy. Lower them and you light the inflation fuse. So he does what bureaucrats always do when they’re out of options—he talks. Markets reacted with all the excitement of a dog hearing a busted whistle. Stocks barely moved. Bonds did their little dance. And Powell droned on like it mattered. But no one with a functioning brain believes the Fed has a plan. They’re stalling, praying that another war, another pandemic, or…