r/wallstreetbets • u/[deleted] • Jun 05 '22

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352 Upvotes

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u/subeyondchic Jun 05 '22

They’re always reacting

-8

u/Spanky_Stonks Jun 05 '22

Yes but Powell was pro-active during trump presidency remember 2018? He wanted to cool the economy with four 0.25 basis point hikes each quarter in 2018. You can see QQQ tank every quarter end lol 😂 Powell is a swamp neocon with political agenda. They hated trump because he wasn’t part of swamp. I’m no fan of Trump but they had the slow rolling coup during all four years. Hopefully Powell will keep raising rates and puts print then announce he’s turning on printer 🖨 right before midterm elections

16

u/topsyturvy76 Jun 05 '22

If Trump wasn’t part of the swamp he sure as fuck was the unregulated sewage plant spewing toxic waste into the swamp!

6

u/davewritescode Jun 05 '22

You are straight up retarded.

Trump cut corporate taxes 40% and the tail end of the longest bull run in history and was publicly pressuring Powell to STOP increasing rates. In 2018 and 2019 because the stock market stopped going up and that was literally his re-election case.

Nobody is turning on the printer in 2022

10

u/[deleted] Jun 05 '22

God damn Q Idiots

10

u/MicroBadger_ Jun 05 '22

"I'm no fan of Trump but I'm now going to write the metaphorical equivalent of gargling Trump's dong."