X @Joe Consorti ⚡️
Joe Consorti ⚡️·2025-09-27 02:56
we measure our "economic health" with consumer spending>the Fed thinks people stop spending if prices go down (?)>it makes sure prices go up foreverThis is Keynesian economics in its most distilled form.That's how you get insane quotes like this.Lance Lambert (@NewsLambert):Fed Governor Michelle Bowman: "I am concerned that, in the current environment, declines in house prices could accelerate" https://t.co/mHlz3uhi5o ...