Central bankers might want to remind policymakers: ignore the policy wins of the last 30 years at your own peril. After Powell faced congressional scrutiny, one thing became clear—the tension between monetary stability and political pressure is no joke. Push too hard for radical macroeconomic overhauls, and you risk destabilizing everything that's been carefully built. It's not just about inflation or rates anymore. It's about whether governments understand what happens when you dismantle proven economic frameworks.
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DecentralizedElder
· 1h ago
That's why I said don't mess around. If you ruin something that's been around for 30 years, it's really gone. Powell's situation is so embarrassing...
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AirdropHunter9000
· 3h ago
Well said, that's why aggressive reforms sound exciting but often end up unfinished... The people at the central bank really know their stuff.
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BearHugger
· 3h ago
Central bankers should really remind policymakers not to mess with the system that has been carefully built over the past 30 years, as it could really backfire. The questioning of Powell by Congress indeed revealed an issue—the contradiction between monetary stability and political pressure is no small matter. Radical reforms sound appealing, but one wrong step could cause the entire economic system to collapse, and this is not alarmist talk.
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MEVVictimAlliance
· 3h ago
Haha, that's why the Federal Reserve is afraid to take big actions; the political pressure is too terrifying.
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SquidTeacher
· 3h ago
Haha, Powell got pretty grilled by Congress this time. Honestly, the central bank wants to stabilize the currency, but politicians just want to mess around. Both sides want to win.
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0xTherapist
· 3h ago
The 30-year framework indeed cannot be casually dismantled, but the problem is that politicians simply won't listen...
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BlockTalk
· 3h ago
We still have to listen to the central bank's words; recklessly messing around with macro policies can really backfire.
Central bankers might want to remind policymakers: ignore the policy wins of the last 30 years at your own peril. After Powell faced congressional scrutiny, one thing became clear—the tension between monetary stability and political pressure is no joke. Push too hard for radical macroeconomic overhauls, and you risk destabilizing everything that's been carefully built. It's not just about inflation or rates anymore. It's about whether governments understand what happens when you dismantle proven economic frameworks.