Deep State to Powell: Stop Goosing Stocks Higher Or You'll Re-Elect Trump

Posted by freedomforall 3 years, 9 months ago to Politics
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"Assuming Americans will ultimately vote their pocketbook as in the past, the only sure way to sink Trump is to crash the stock market, the jewel in Trump's crown. This is blinding obvious, but the Deep State's political allies have been wary of shrinking the bloated wealth of their donors, and wary of a backlash from the wealthy who want to see Trump lose but not if it requires the personal sacrifice of surrendering any of the $548 billion they've gained in the recent stock market melt-up.
But with the election just months away, the pressure is now so intense that the Deep State is demanding Powell and the Fed stop the money-printing that's goosing stocks higher. Hints have been elevated to suggestions which are about to become demands.
Jay, we're sure you understand the importance of this election for the country, and so you'll understand why we need to see new lows in the stock market by September, October at the latest. Can you do your duty, or do we need to find someone else willing to serve the national interest at this critical time?
The Deep State has tapped Powell on the shoulder, and Jay has likely hedged his bets, demanding some political-economic cover for stopping the money-printing that's been goosing stocks to new highs (tech stocks) or gains for 2020 (S&P 500)."
SOURCE URL: http://charleshughsmith.blogspot.com/2020/06/deep-state-to-powell-stop-goosing.html


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