Cato Institute Vice President Norbert Michel weighs in on Biden’s meeting with Fed Chair president Jerome Powell and the president’s plan to tackle inflation on ‘Kennedy.’
#FoxBusiness #Kennedy
Subscribe to Fox Business! https://bit.ly/2D9Cdse
Watch more Fox Business Video: https://video.foxbusiness.com
Watch Fox Business Network Live: http://www.foxnewsgo.com/
FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly 80 million homes in all markets across the United States. Owned by FOX Corporation, FBN is a unit of FOX News Media and has bureaus in Chicago, Los Angeles, and Washington, D.C.
Follow Fox Business on Facebook: https://www.facebook.com/FoxBusiness
Follow Fox Business on Twitter: https://twitter.com/foxbusiness
Follow Fox Business on Instagram: https://www.instagram.com/foxbusiness
source
Fox viewers are now asking if Hillary will ever pay for her crimes. Y'all gotta be real simple minded folks.
Trump is best friends to the Clinton's. He went to their wedding and loved them. Untill he had a race to the presidency against HILLARY. Then all bets were off and every dirty trick Trump has used all his life to make millions of dollars out of folks, were let loose.
He started by making y'all hate HILLARY just because she was his only rival in a race to the WHITEHOUSE.
Therefore will Hillary ever pay for any crimes . Of course not, neither will Trump.
They're BOTH RICH.
ONE HAS POWER FROM BEING IN POLITICS FOR DECADES. THE OTHER ONE HAS POWER OVER FOX MEDIA NETWORKS AND THEIR NINETY MILLION VIEWERS, THATS YOU SUCKERS !
It still blows my mind people are still believing anything the democRATs say. They lie 24.7 I mean half the republican do as well so catch on people things need to change.
So like many, I am not a huge fan of Biden. But for the sake of fairness, Fox News has never explained exactly how Biden is not only causing inflation to skyrocket in America, but also the UK, France, Australia, Canada, South Korea, and most of the rest of the world? As someone who works in the Petro industry, I know for a fact that Biden has almost no impact yet on OIL prices—the real problem is that we cannot get the skilled labor (there's a huge labor shortage in most professions these days.) And the supply chain issues (which are global and not local to the US) is making it very difficult to get the drilling equipment we need…in particular the elements used in Fracking Fluid are really an issue. Now Biden's big screwup is that he should be orchestrating a gov program to source the difficult materials as they tried with baby formula and also Biden should be offering some sort of "Tax holiday" for anyone willing to come out and help get the oil out of the ground. But the attacks on Fox News without facts are really useless and insulting to the intelligence. Its nearly as stupid as when CNN tried to hint that Covid was somehow Trump's fault. Just because Covid happened under trump doesn't mean it was his doing….and neither is the inflation under Biden (the main thing he did that inflamed inflation was the child tax credits and most of us took them happily.)
What plan ? Atleast President Trump had a plan and he took the accountability for what He did !
Janet Yellin couldn't manage a roadside vegetable stand.
WTF
Bidens knucklheads policy
IF WE DRILL IN THE UNITED STATES THE PRICES SHOULD GO DOWN
Biden’s agenda’s thanks for age is pissing in the toilet and not the floor
Brandon occasionally knows when his diaper needs to be changed.
Get rid of the fd
The Fed is a private enterprise bank. Nothing "fed" about it. Audit every year with public disclosure … or dump it.
We already went through this for 8 years with Obama but we asked for more. What the heck is wrong our country???
MR. BIDEN CRAPS IN HIS DEPENDS
Thank you Cato.
Großartig 💙👍
So you're saying ol' stupid Trump understands economics better than the talking heads? Huh.
FED/POWELL….INTENTIONAL FJB….The PUPPETS of the VERY INCOMPETENT PUPPETS of the VERY INCOMPETENT PUPPETS !
"Historically, corporate stock rates aren’t particularly correlated with stock market performance. Overall, it looks as though there are bigger influences on the stock market than the rate of corporation tax. This is not surprising, given the broader implications of tax changes, including the effect on government financing requirements,”
— Invesco analysts Paul Jackson and András Vig, September 27, 2020
We have two entities, the Fed and the President, arguing about fixing the problems that they caused, that they should have never been involved in to begin with. My concern is we may enter into a recession worse than 2008. Though I'm currently up 24% due to diversification, global markets are down and we should be heading into a large correction. I just hope it won't be a multi-year correction.
Last year they raised our home taxes 20,000. And now I just got a notice of them raising my home tax again another 20,000. ….. My home is a hundred years old and termite infested. So. What are they thinking. ?? Exspecaly , what are they trying to do. Make it where a home owner can't even afford to live in their own home. ??? I paid 7,000. Dollars for my home less than 30 years ago. Yes I'm constantly replacing termite infested – eaten up wood. They want to say it is home improvements . I call it trying to keep an old home from falling down on us.
FJB
👍👍🇺🇲 Fjb Fkh Fnp Fcs Fdoj Fatf LGB
You should be very concerned, with what they are planning on replacing the Federal Reserve with. Their wildest dream is to track every single transaction with a super computer.
I am sorry for Biden!
biden = bozo the clown !!!!!!!!
We can and we will alter the Federal Reserve Banking System but first Kennedy, you might want to view a couple of podcasts posted here on YouTube by Fox which have pretty much negated all of your foreboding when it comes to federal financial matters associated with entitlements programs. One of these examples is the snippet from an interview on Fox of Scott Pelley, of 60 minutes fame, (sure hope he doesn't plagiarize my work too much) with Federal Reserve Bank Chairman Jerome Powell during which these two men courageously (FINALLY) touched the third rail of federal funding which is quantitative easing (QE) spending which spending is available to – "Infinitum" – to quote Fed Chairman Powell. To state the obvious, it is simply a lie to indicate that these entitlement programs will, at some point in the future, not have federal funding available.
The entire explanatory narrative on how and why QE spending works is called Equity Spending (YouTube) or ES, not to be confused with the more politically correct, Left leaning, in my opinion, inferior MMT explanatory narrative on QE spending. Please excuse all of the parenthesis, just trying to be brief. P.O.O.F.O.O.S.I.E.
You knew it’s bad when all of your accomplishments are actually someone else’s…..
Biden has done this crap for decades, he’s a bottom of the barrel kinda guy.
When people buy into campaigns are they buying a percentage of presidential voice? I don't think that'd be ok. It's a lottery u paid to push this agenda.. But it seems back speakers have the money to push it and just need the voice of affirmation.. I have no answer its a question.
Go for it, Joe, JFK wanted to greatly reduce the power of the FED, if not outright do away with it, and look what happened to him.
Republican with takeover the first thing they will do is goal at the poor people there was talk of cutting Medicare and Social Security it would not go after the rich people but they always pick on the poor Republicans
this is the best of uncle joe
biden can go to hell
Democrats know they are gonna loose the next election so they are running the country broke so we don't stand a chance funding a war or maintaining economic status
I can't stand seeing her bare arms when she's on the air.. It's like she's forcing me to look at her disgustingly exposed skin.
All over world company us peoples Head job
Stop all company start new company give job 😂😂 simple
Nice smile
Shouldn’t this be teaching us all a lesson? That when people like Joe Biden stay in office for 50 years they don’t become better politicians isn’t it really obvious now that they only become more corrupt and incompetent they don’t get to be better human beings are more efficient in their jobs not by 1,000,000 miles
Let's circle back the LSD flower child's of the 60s know replys being read JUDGE PARKER of Ft SMITH GENERAL PATTON would have this Biden admin on so many charges for putting UNITED STATES armed forces in jepordy shutting Maine life of energy off line someone add
Biden is what happens when Magneto looses his magnetism. He never was one of us. Trump cared about America. That's what they hate most.
All of Biden's policies are incoherent.
1. Reduce federal spending and achieve a budget surplus
2. Use the surplus to pay back national debt
3. Keep interest rates where they are
4. Do nothing for 40 years
Everything he likes is going up in price.
Fighting 7.5% inflation (more like 15%) with a 1% Fed funds interest rate is like stopping a forest fire with a bucket of water. Folks prepare accordingly. Make investment in other not to depend on the government for funds
What more can this administration possibly come up with to crush the American people and this great country the United States of America?!?! I’m sure they have more evil to come!!!! Don’t be fooled! Do your research!
Democrats at the blame game again!!!! Americans aren’t stupid!!!!