The Fed is continuing to ‘trash’ the economy: Steve Forbes



Forbes Media chairman Steve Forbes discusses how Janet Yellen is flip-flopping on blanket coverage for all U.S. bank deposits on ‘The Bottom Line.’

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28 comments

  1. Silicon Valley Bank should be renamed Silicone Valley Bank. It should be headquartered in East St. Louis, Illinois.

  2. Janet speaks out of both sides of her mouth

  3. FED is destroying banks, FED is making short sellers rich in millions, FED is rescuing banks with Tax payer money, FED is making sure people will be loosing jobs. Interesting. No.

  4. You guys gaslight on the real reason
    Buy bitcoin or get destroyed

  5. It started in 1971 with the Nixon Shock making our currency backed by NOTHING

  6. Ken Langone, HOME DEPOT Co-founder: Don't sell America short!

    – March 23 Iran-backed militia drone attacked a U.S. Syria base and killed one and wounded 8 US soldiers. They want to send rockets to Hezbollah terrorists in Lebanon and islamic Jihadi without any control!

    – The sentence that the President of China said to Putin at the moment of farewell: a change is happening that has not happened in the last 100 years, we will shape these changes together!

    – They want to pay off billions of $ to guarantee uninsured deposits of Bankrupted Banks by printing money!

    They decided to replace $ US with CCp Yuan in international trading! Iran's and Venezuela's and South Africa's corrupt regimes did it already!

    – Why did Biden revoke Trump's ban on Tiktok?

    – On Oct 23, 1983, the bombing of the US Marine Corps headquarters by the Lebanese Islamic Jihad Organization killed 241 American soldiers.

    The leftists prevented Iran's regime from getting punished for 40 years!

    U.S. District Judge Loretta Perska on March 22 2023, ordered Iran's central bank and a Eu mediator to pay $1.68 B in compensation to the families of soldiers killed in this terrorist attack!

    – Colin H. Kahl, Biden's National Security advisor that gave Billions of cash to Iran's terrorist regime in the Obama presidency, ignores 84% Uranium enrichment and he advises to keep negotiating with devils!

  7. Most humans are just comicallt stupid and ironically most of the dumbest ones are in positions of power.

  8. All this happens getting crushed had to pay in taxes first time since Obama years next year taxes holy crap I'm inflation were screwed

  9. Call to curb tha spending you say. If that's ah democrat calling for it, he/she must realize that in so doing 'twould be deemed a capital offense within their party. A definite career killer. Certainly within tha ranks of the "spendthrift" wives club it would be. Because that's what the democrat party is. Ah "spendthrift" wives club where the hen pecked men go along to get along.

  10. Trash the economy. It’s what is needed. The banks, autos, housing all need to crash. We need 5-10 million laid off. It needs to happen. And we also need the DOW to crash to 10,000

  11. I believe it's high time we call in the … "Ghost Busters".

  12. Yes, we must put more Republican lawyers in the seat to bring our economy back to shape. More lawyers, more Harvard/Yale (paid) graduates of Law Degrees. 🙂 Start with this gentlman 1st I'll vote for him to the president.

  13. All Brandon and administration are doing, are called stall tactics and they have no care who falls victim. Except do not shine light their way.

  14. Yeah I forgot that raising interest rates will cause the economy to crash but rising inflation will do nothing guess we should just keep letting inflation rise

  15. The Fed and federal government are today throwing out your hard-earned money to big banks and other non-needy people like it's monopoly money. Continued inflation is a certainty, to be followed by hyperinflation and total destruction of the US Dollar. The greenback will indeed end up valueless like Monopoly money.

  16. Working class people are taking the full brunt of high inflation, interest rates. Mismanaged banks should go bankrupt, plain and simple.

  17. The 80s was also a time where inequality skyrocketed. You can’t just deregulate and give tax cuts. Don’t pretend like you care about working Americans. All these problems are solely the Rich’s problems and because the economy is designed to privatize profits and socialize losses. The problems will soon become average Americans problems.

  18. stfu – You got richy rich on 12 years of free money, and even richer on the Covid Bounty into your pockets. Now, you are oh do scared of losing your numbers. You are a fraud.

  19. Janet Yellen Is As Bad As Elizabeth Warren !!!

  20. Steve Forbes Is Absolutely Right One More Step Towards Socialism and Trashing Our Constitution and Feedoms !!!

  21. FED HAVE NO head ☠ and No taile……!!!! Have 2 gonflable puppets there who push and pull all the buttons and handles in the same time !……☭ Comunism NEVER Worked and NEVER will Work !

  22. This Is One Big Power Grab By The Big Banks and Washington Elites !!!

  23. This government is nothing but a burden on society

  24. All I heard was Bitcoin to a billion…

  25. I would like to know how may people of the DC swamp and how many people/companies from China and the CCP are being bailed out in the SVB "guarantee of all deposits"