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2023-03-18 15:00:02 UTC

Luke Broyles on Nostr: Jerome Powell testified before Congress that the banking system was stable and that ...

Jerome Powell testified before Congress that the banking system was stable and that the economy could continue to handle higher rate hikes.

48 hours later the second largest bank failure in US history was underway.

Either he was lying, or he genuinely didn’t know. 🚩