• Jaysyn@kbin.social
    75·
    11 months ago

    I don’t remember the Fed saying anything like that a year & a half ago.

    • gnurd@sh.itjust.worksEnglish
      133·
      11 months ago

      Powell has been saying this for a long time. He doesn’t seem to like that people are making more money.

      Here’s just one of a plethora of examples you can find if you’d just Google it.

        • gnurd@sh.itjust.worksEnglish
          4·
          11 months ago

          Because of course he’s not. To me it seems he’s definitely more concerned about the pockets of the ruling class. Just my opinion of course.

      • stolid_agnostic@lemmy.mlEnglish
        5·
        11 months ago

        Yep. Rather than it being corporate greed driving everything (which has been reported on from many angles), it’s actually people making too much money that is the problem per Powell.

        • gnurd@sh.itjust.worksEnglish
          5·
          11 months ago

          Exactly. This is the guy saying unemployment needs to be higher. Like wtf, you actually want more people out of work.

          Higher wages is not what is driving inflation, it’s pure greed. Proven over and over again.

      • Echo Dot@feddit.ukEnglish
        4·
        11 months ago

        I think they mean that no one in the government ever said that no one wants to work, it was just tight fisted business owners with no brains.

        • gnurd@sh.itjust.worksEnglish
          2·
          11 months ago

          When people say the Fed in this context (the tweet) they generally mean the Federal Reserve which is headed by Jerome Powell.