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UM Ross's avatar

Maybe Powell's theory is that if he collapses a sufficient number banks, this will suck enough money out of the economy to tame inflation? ;)

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David Gallaher's avatar

I guess we got the term "jawboning" from what Samson was able to accomplish with the jawbone of a donkey. The story was to make us ponder the power of words. Powell is aware of that power. Trump was aware of his power when he incited the Jan 6 deadly riot.

In summary, depending on the circumstances, words can break our bones just as can sticks and stones.

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