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Fix The Fed

@FixTheFed

The best way to #FixTheFed is to #EndTheFed. We're here to propose reasonable reforms and criticisms until that day. *Parody account* *Not financial advice*

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fixthefed.substack.com
Joined January 2021
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The Powell Fed intentionally killed the American dream. Don't believe us? Here's a 🧵 Between March 2020 and Sept. 2022, the Fed purchased more than $3.6 TRILLION RESIDENTIAL Mortgage Backed-Securities. This radical action was not authorized by Congress or existing statute...
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Fix The Fed retweeted
Fix The Fed (@FixTheFed) profile picture
Fix The Fed@FixTheFed11 Nov 2024
The Powell Fed is the single greatest driver of inequality in American history. They also trashed the dollar so hard a single bitcoin is worth >$80,000 USD. Somebody give that man a Nobel Prize!
Image from Fix The Fed (@FixTheFed)
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The Powell Fed is the single greatest driver of inequality in American history. They also trashed the dollar so hard a single bitcoin is worth >$80,000 USD. Somebody give that man a Nobel Prize!
Image from Fix The Fed (@FixTheFed)
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The CRB Index just broke out to new highs, surpassing levels seen when the US inflation rate was over 9%.
Image from Kurt S. Altrichter, CRPS® (@kurtsaltrichter)
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Fix The Fed retweeted
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Fix The Fed@FixTheFed25 Aug 2024
They continue to blame everyone and everything but the true cause of inflation: Corrupt, lawless central banksters 🤡🌎 businessinsider.com/inflatio…
Taylor Swift concerts and the Olympics could lead to a fresh surge in global inflation, UBS says

Taylor Swift concerts and the Olympics could lead to a fresh surge in global inflation, UBS says

Mega-events, like Taylor Swift shows and the Olympics, could distort headline inflation figures, UBS said.

businessinsider.com
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They continue to blame everyone and everything but the true cause of inflation: Corrupt, lawless central banksters 🤡🌎 businessinsider.com/inflatio…
Taylor Swift concerts and the Olympics could lead to a fresh surge in global inflation, UBS says

Taylor Swift concerts and the Olympics could lead to a fresh surge in global inflation, UBS says

Mega-events, like Taylor Swift shows and the Olympics, could distort headline inflation figures, UBS said.

businessinsider.com
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Fix The Fed retweeted
Fix The Fed (@FixTheFed) profile picture
Fix The Fed@FixTheFed23 Aug 2024
Powell couldn't wait to tap even the bogus 2% CPI "inflation" before pivoting hard. The comparisons to Burns are wrong. He wants to go full Weimar. He can't stand even the slightest pain in stonks or assets for the ultra-rich.
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If it seems like every time Powell speaks, bitcoin gets pumped back to the moon... It's probably less about bitcoin, and more about Powell absolutely trashing the value of the US dollar and outright abusing the world's reserve currency to the detriment of its working class.
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Powell couldn't wait to tap even the bogus 2% CPI "inflation" before pivoting hard. The comparisons to Burns are wrong. He wants to go full Weimar. He can't stand even the slightest pain in stonks or assets for the ultra-rich.
Image from Fix The Fed (@FixTheFed)
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So the US added 818000 fewer jobs last year than the government reported. This is not a statistical error. A statistical error is 2-3%. This is 25% of what was reported. This is fraud. Plain and simple. They are lying about jobs. What else are they lying about? Everything.
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Fix The Fed@FixTheFed20 Aug 2024
Re the 1M job BLS fabrication, remember this has been going on for years and is only getting worse. You can't trust gov't data. Jobs, #CPLie, Fed balance sheet. It's all manipulated or outright lies intended to provide cover for funneling trillions to the ultra-rich. #EndTheFed
Fix The Fed (@FixTheFed) profile pictureFix The Fed@FixTheFed9 Feb 2022
Replying to @BLS_gov
@BLS_gov used "seasonal adjustments" to fabricate 100s of thousands of new jobs last week. Southbay Research: "There has never been a January Seasonal Adjustment of this magnitude." Don't be fooled by seemingly low CPI (#CPLie) tomorrow. BLS has been very busy fudging that too!
Image from Fix The Fed (@FixTheFed)
Image from Fix The Fed (@FixTheFed)
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Don't forget that today's massive downward benchmark revision (2nd largest on record) is on top of the existing downward revision to the initial monthly jobs report figures - btwn all the revisions, job growth for the 12-month period was wildly overestimated almost 1.2 million:
Image from E.J. Antoni, Ph.D. (@RealEJAntoni)
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Re the 1M job BLS fabrication, remember this has been going on for years and is only getting worse. You can't trust gov't data. Jobs, #CPLie, Fed balance sheet. It's all manipulated or outright lies intended to provide cover for funneling trillions to the ultra-rich. #EndTheFed
Fix The Fed (@FixTheFed) profile pictureFix The Fed@FixTheFed9 Feb 2022
Replying to @BLS_gov
@BLS_gov used "seasonal adjustments" to fabricate 100s of thousands of new jobs last week. Southbay Research: "There has never been a January Seasonal Adjustment of this magnitude." Don't be fooled by seemingly low CPI (#CPLie) tomorrow. BLS has been very busy fudging that too!
Image from Fix The Fed (@FixTheFed)
Image from Fix The Fed (@FixTheFed)
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Fix The Fed retweeted
Fix The Fed (@FixTheFed) profile picture
Fix The Fed@FixTheFed20 Aug 2024
The Federal Reserve is OUT OF CONTROL with utter disregard for the law: 1. Bogus inflation target of 2% instead of "stable prices" Congress indicated is 0% 2. $3.6+ TRILLION MBS since 2019 with no authority 3. Massive revolving bailouts to Wall Street (repo, RRP, BTFP) #EndTheFed
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Ladies and gentlemen, the economy!
Image from Rudy Havenstein, Senior Markets Commentator. (@RudyHavenstein)
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Replying to @FixTheFed
I'm with you on this one. The Fed needs to be held accountable for its reckless monetary policies.
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The Federal Reserve is OUT OF CONTROL with utter disregard for the law: 1. Bogus inflation target of 2% instead of "stable prices" Congress indicated is 0% 2. $3.6+ TRILLION MBS since 2019 with no authority 3. Massive revolving bailouts to Wall Street (repo, RRP, BTFP) #EndTheFed
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Let us repeat: the _only_ thing the Powell Fed cares about is keeping stonks/assets inflated for the ultra-rich. They do not give two shits about the rest of America's cost-of-living crisis.
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Fix The Fed (@FixTheFed) profile pictureFix The Fed@FixTheFed15 Aug 2024
The _only_ thing the Powell Fed cares about is keeping stonks/assets inflated for the ultra-rich. The powers that be do not give any shits about your cost-of-living crisis. See that little blip there? That nearly prompted an emergency Fed rate cut just days after a FOMC meeting.
Image from Fix The Fed (@FixTheFed)
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The Fed's topic for their gathering at Jackson Hole later this month is "Reassessing the Effectiveness and Transmission of Monetary Policy" The "incompetence" is intentional cover for funneling trillions to the ultra-rich and creating the worst wealthy inequality in US history.
Image from Fix The Fed (@FixTheFed)
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Fix The Fed@FixTheFed18 Aug 2024
A Friendly Game of Guess The Chart Does this look stable to you? #EndTheFed #ThanksForMakingUsABananaRepublic
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