WIll Powell able to with stand the pressure to stop with drawing liquidity and pricking the stk market balloon
Will Munchin and many others bring pressure to bear that Powell can not with stand. Does Powell get fired if he doesn't change course
IMHO liquidity is the most important ingredient
Trillions in market cap have been lost and the wealthy have lost their wealth multiplier. Will Powell be fingered as the cause of all this unhappiness and cave in to market demands of the wealthy
A freeze on liquidity was the final nail in the 2009 crisis
However the wealthy could not stop the freeze in liquidity. In fact investors and investment banks were the suckers investing in bogus traunches, that had no buyers, when the crisis hit.
Will it be different this time???