Posted by DigiNomad on 8th of May 2023 at 03:12 pm
Not sure how you come up with that hypothesis. Unlike JP, Yellen
is simply in a position that is partisan by definition and in
actual practice. Much of her job is to cheerlead for the policies
of the administration she works for. I can't hold it against
her - it's her current job - but it also means I heavily discount
anything she says as propaganda.
She works for the Biden administration, whereas JP works for the
Fed (mostly NY Banks). The *iden admin works for the Chinese or
European interests, but NY Fed must work for American
interests.
BTC Daily
Posted by steve on 8th of May 2023 at 02:17 pm
$BTCUSD - Chart Link - leaking out of wedge
$BTCUSD - Chart Link - possible HS formed but not yet confirmed
If the market rallies and
Posted by fredsaid on 8th of May 2023 at 02:22 pm
If the market rallies and Yellen tells everyone the banks are just fine...BTC and gold could start selling off. Seems likely....timing uncertain.
Who's going to believe Yellen
Posted by DigiNomad on 8th of May 2023 at 03:05 pm
Who's going to believe Yellen saying banks are just fine?! I mean, no one believed it coming from JP and he's not a partisan cabinet member.
Yellen and JP are on
Posted by junkie on 8th of May 2023 at 03:07 pm
Yellen and JP are on the opposite sides of the battle field.
Not sure how you come
Posted by DigiNomad on 8th of May 2023 at 03:12 pm
Not sure how you come up with that hypothesis. Unlike JP, Yellen is simply in a position that is partisan by definition and in actual practice. Much of her job is to cheerlead for the policies of the administration she works for. I can't hold it against her - it's her current job - but it also means I heavily discount anything she says as propaganda.
She works for the Biden
Posted by junkie on 8th of May 2023 at 03:27 pm
She works for the Biden administration, whereas JP works for the Fed (mostly NY Banks). The *iden admin works for the Chinese or European interests, but NY Fed must work for American interests.
She may talk banks, but
Posted by timebandit on 8th of May 2023 at 03:16 pm
She may talk banks, but sabre-rattling about default may be the lede on this story