r/wallstreetbets • u/Force_Hammer • 1d ago

News Powell sees tariffs raising inflation and says Fed will wait before further rate moves

https://www.cnbc.com/2025/04/04/powell-sees-tariffs-raising-inflation-and-says-fed-will-wait-before-further-rate-moves.html
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u/davehoff94 1d ago

A big part of why he's able to try whatever he wants and fuck around without caring about the consequences is because he knows that this won't affect him. He's 80 and on the final years of his life. Even if the American empire declines, he won't live to see it.

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u/Sunny1-5 23h ago

And cannot be worried with running for re-election. He knows he’s got this first half of his first term to get a lot of “work” done. After mid terms, we just grind hopelessly into the next election.

Imagine if all of your legal, financial, and career decisions could just happen in 2 years, then you get 2 years to fuck around. Rinse, repeat.

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u/Beelzebufo7 12h ago

He's not intending to leave after 4 years. He may be forced to leave... but he's not planning on retiring anywhere other than MAL, when it becomes the new capital.

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u/faxanaduu 22h ago

He also knows nobody will stop him or hold him accountable. House, senate, NOBODY. Unchecked power is essentially what he has, and he has absolutely nothing to lose. This has been his dream his entire life. And it was so obvious to everyone except the exceptionally stupid people that handed this to him TWICE. The US deserves this. History books will have a chapter on this time period when we fell from superpower status. I didn't think it would happen so fast and in this way. I was naive, I didn't realize how stupid people had become in the past 20 years.

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u/DataCassette 23h ago

Hopefully the devil lifts him out of the boiling piss cauldron for a good look once in a while.

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u/BeardofZeus27 22h ago

so what youre saying is, hes purposefully destroying the country because hes 80....or maybe is he trying to set us up for future prosperity considering this country was trillions in debt and headed towards actual financial destruction? take the blows now so youre not dead later.

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u/Few-Frosting-4213 21h ago

Given his long record of screwing over business partners, draft dodging, running pump and dumps, you think he's trying to leave a better world behind...

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u/BeardofZeus27 20h ago

yes yes the multimillionaire/billionaire became president just to fuck us. you got it.

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u/davehoff94 16h ago

I don't think he's purposefully trying to destroy it. He is actually a regard and probably thinks that this will work. He also knows if it doesn't work then it doesn't affect him.