[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Julie Wade [@julie_wade](/creator/twitter/julie_wade) on x 6659 followers Created: 2025-07-24 19:57:30 UTC The Federal Reserve's Brazen Declaration of Irrelevance In a moment of stunning candor that should send a shiver down the spine of every American, Federal Reserve Chair Jerome Powell recently revealed the rot at the core of his institution. When asked by the Financial Times how the administration's fiscal policy would factor into the Fed's 2026 outlook following his remarks to the Large Banks Conference, Powell offered the verbal equivalent of a shrug. He treats fiscal policy as "fully exogenous"—bureaucratic jargon for "not our problem." He then blithely dismissed its impact on our $XX trillion economy as merely marginal. This isn't just an academic blind spot; it's a stunning abdication of responsibility. The Fed's mandate is elegantly simple: foster maximum employment and stabilize prices. Yet, under the fraudulent banner of "independence," the institution has devolved into a global liquidity dispensary, accountable to no one, least of all the American people. This isn't independence; it's an arrogant insulation from the democratic will of the country, run by an unelected council of high priests who believe they can divorce themselves from the economic reality of their own nation. A newsflash for the ivory tower on Constitution Avenue: The President is driving seismic shifts in fiscal policy. His administration is engaged in a Herculean effort to reshore manufacturing and renegotiate trade deals to benefit American workers and businesses. To Powell, these are just "exogenous" trifles. To the rest of us, they are the primary drivers of our economic future, directly impacting the very employment and inflation figures the Fed is tasked with managing. A Fed that refuses to align its strategy with these national priorities is a Fed working at cross-purposes with the nation it supposedly serves. This isn't theoretical. We saw this betrayal in plain sight when Powell traveled to Portugal for an ECB panel. There, he assured foreign central bankers that they need not worry about economic fragmentation caused by American tariffs, because he had the authority to backstop them with liquidity swaps—and fully intended to do so. The message was clear: the Fed's priority is placating foreign financiers, even if it means undermining America's own trade policy. But today, the institutional hubris was on full display again when he answered another reporter's question about an incoming Chair next year by casually mentioning that a "Committee document" would dictate future actions, effectively attempting to neuter any future Federal Reserve Chair appointed by President Trump. This is a brazen move to put the institution on autopilot, shielding its failed consensus from dynamic leadership and new perspectives. It is a direct attempt to subvert the democratic process itself. When an institution tasked with steering our economy openly declares its indifference to the nation's chosen course, it has become a rogue state within our own. This board is not merely out of touch and unaccountable; it has become an obstacle to American prosperity. It must be replaced.  XXX engagements  **Related Topics** [powell](/topic/powell) [jerome powell](/topic/jerome-powell) [jerome](/topic/jerome) [spine](/topic/spine) [federal reserve](/topic/federal-reserve) [Post Link](https://x.com/julie_wade/status/1948472631402864801)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
Julie Wade @julie_wade on x 6659 followers
Created: 2025-07-24 19:57:30 UTC
The Federal Reserve's Brazen Declaration of Irrelevance
In a moment of stunning candor that should send a shiver down the spine of every American, Federal Reserve Chair Jerome Powell recently revealed the rot at the core of his institution. When asked by the Financial Times how the administration's fiscal policy would factor into the Fed's 2026 outlook following his remarks to the Large Banks Conference, Powell offered the verbal equivalent of a shrug. He treats fiscal policy as "fully exogenous"—bureaucratic jargon for "not our problem." He then blithely dismissed its impact on our $XX trillion economy as merely marginal.
This isn't just an academic blind spot; it's a stunning abdication of responsibility. The Fed's mandate is elegantly simple: foster maximum employment and stabilize prices. Yet, under the fraudulent banner of "independence," the institution has devolved into a global liquidity dispensary, accountable to no one, least of all the American people. This isn't independence; it's an arrogant insulation from the democratic will of the country, run by an unelected council of high priests who believe they can divorce themselves from the economic reality of their own nation.
A newsflash for the ivory tower on Constitution Avenue: The President is driving seismic shifts in fiscal policy. His administration is engaged in a Herculean effort to reshore manufacturing and renegotiate trade deals to benefit American workers and businesses. To Powell, these are just "exogenous" trifles. To the rest of us, they are the primary drivers of our economic future, directly impacting the very employment and inflation figures the Fed is tasked with managing. A Fed that refuses to align its strategy with these national priorities is a Fed working at cross-purposes with the nation it supposedly serves.
This isn't theoretical. We saw this betrayal in plain sight when Powell traveled to Portugal for an ECB panel. There, he assured foreign central bankers that they need not worry about economic fragmentation caused by American tariffs, because he had the authority to backstop them with liquidity swaps—and fully intended to do so. The message was clear: the Fed's priority is placating foreign financiers, even if it means undermining America's own trade policy.
But today, the institutional hubris was on full display again when he answered another reporter's question about an incoming Chair next year by casually mentioning that a "Committee document" would dictate future actions, effectively attempting to neuter any future Federal Reserve Chair appointed by President Trump. This is a brazen move to put the institution on autopilot, shielding its failed consensus from dynamic leadership and new perspectives. It is a direct attempt to subvert the democratic process itself.
When an institution tasked with steering our economy openly declares its indifference to the nation's chosen course, it has become a rogue state within our own. This board is not merely out of touch and unaccountable; it has become an obstacle to American prosperity. It must be replaced.
XXX engagements
Related Topics powell jerome powell jerome spine federal reserve