Jerome Powell was in a quandary.Because what both sides say makes sense.At this time, although the market was in a bit of panic, it was not up to the despair of the financial crisis.If the Fed makes some moves, it can basically restore the confidence of the market.Asking Warren Buffett to myth these wealth myths will obviously help the market to boost confidence.But the other one is right.Warren Buffett is not a cat or a dog.Decades of accumulation.Whether it's wealth, fame, or influence.Warren Buffett will not be below the people present, only above them.It wouldn't come out for nothing.At what cost?
And who will pay the price?
The Fed has the responsibility and ability to manipulate the market and save the market.But the Fed chairman does not have the ability to give a price.This ability is only possessed by the Draco family behind the Federal Reserve.Jerome Powell has another headache.It doesn't work, it doesn't work either.Is it really only possible to raise and lower interest rates?
Although these two weapons do work well.But in this case, it seems that he is too useless as the chairman of the Federal Reserve.Compared to the old Jewish man in the previous term, he is simply scum!
In any case, Jerome Powell is reluctant to admit it."
Is there no other way?
Even if you don't invite Warren Buffett, won't there be any other characters?!
”Jerome Powell said to the people below.There was silence for a while.Suddenly......
A middle-aged man pulled out a newspaper.He slowly placed the newspaper on the table.Then he whispered, "Maybe there is, maybe not."
But this morning I saw some interesting news in some newspapers.Not everyone has suffered in this overall decline in the market......
"How to say?
”Jerome Powell asked."
You can take a look at this ......," the middle-aged man pushed the newspaper.Jerome Powell gestured, and his secretary walked over to grab the newspaper.After getting the newspaper.Jerome Powell saw that it was an economic supplement for the Los Angeles Times.The headline of the news alone made Jerome.
Powell was curious.
[Warren Buffett or Soros in the new era?
] 】Jerome Powell wouldn't have read this kind of headline if it were used in the tabloids, but since it was a big newspaper like the Los Angeles Times, it was also a serious economic and financial supplement.He was a little interested.He took a quick look.Ten minutes later.He lifted his glasses."
Angel.Say what you think. ”Jerome Powell didn't see any expression on his face, and said calmly to the middle-aged man who gave him the newspaper.The middle-aged Angel shrugged: "We don't have our own wealth myth, but maybe we can make one."
In Greenspan's years, there was Warren Buffett, Soros, and even Peter Lynch!
Perhaps it's time for the new myth of wealth in the Powell era!
”Jerome Powell's heart moved.The idea proposed by this guy named Angel made him very excited.Warren Buffett, Soros and Peter Lynch, between himself and Greenspan, the one who is relatively respected and obedient must be Greenspan and not him.Because they themselves were people from the time of Greenspan.In their glorious time.Jerome Powell is still wondering where the money for the next election will come from!
By now, although he Jerome Powell is already the chairman of the Federal Reserve.But it must also be the least influential and vocal Fed chair in history.Because the one in front is so good!
The influence and personnel left behind are even stronger in the Fed than his current chairman!
Jerome Powell has thought about personnel reform.But if the Federal Reserve is reformed, he, the chairman, has no power, only those Draco families have the right.Unless Jerome Powell makes a result that satisfies the Draco family, then he will be qualified to do so.Shaping a Powell-era Wealth Myth?
That's pretty interesting!
Jerome Powell thought.But how to do it, this needs to be carefully analyzed, so that the Fed does not have to pay so much, and the other party can feel the Fed's kindness.This intermediate degree needs to be well measured.After all, if you pay a bigger price than asking Warren Buffett to come out.The people below may shout more than they can lose.But if it's the words of Warren Buffett of the obedient new Powell era.It's okay to pay some price!
Jerome Powell couldn't help but nod.This little gesture of his.Let the middle-aged man notice.The middle-aged man named Angel tugged at the corners of his mouth."
Angel, thank you for the idea!"
Jerome Powell whispered."
Let's not talk about it for now.""
Now please continue to discuss, whether to cut interest rates to temporarily stabilize the stock and futures markets, or to raise interest rates and tighten the currency to avoid a bigger crisis in the future?""
Vote!"
Jerome Powell used his power as chairman of the Federal Reserve to directly blow up an issue and ask everyone to vote.A middle-aged man named Angel raised his hand and voted in favor of raising interest rates!
……………… Abel didn't know what was going on on the Fed's side.But on the morning of October 15th.He came to his office at Oasis Investments in the Bay Area.A bunch of financial and economic news newspapers sent by Agali saw many reports about him.Newspapers reported on him.Abel was numb.After all, he has already achieved the second highest achievement in the world by being besieged by 350 newspapers.It's just that today's reports are completely different from the previous ones.In the past, most of them were holding on to the future of the Blue Star and the reports of besieging him.But today's newspapers are different.Most of these newspapers seem relatively neutral.The reports are all legends of how he made more than 10 billion profits in this stock market downturn.And he proposed the most important that annualized return of the fund of the new company."
Boss, I've read all these newspapers!"
Ajiali said with a little excitement: "They all call you Buffett in the new era, Soros in the new era, and Peter Lynch in the new era!"
Boss, you are a symbol of wealth in the new era!
”Abel smiled."
It's still early.Those guys are richer than me!
And a week ago, they called me "Silicon Valley's biggest liar", "Shame on Dune Road", "The new Elizabeth", and so on!
”These newspapers will now report like this.Abel guessed in his heart.Could it be that those allies of his own are working again?