Fed Chair Jerome Powell draws criticism for admitting ‘how little we understand about inflation’Powell received criticism for his remark about not understanding inflation, as many in the public have expressed concerns about inflation for over a year.
Wall Street Silver, a popular investing forum on Youtube and Reddit, tweeted, "Only the ‘experts’ and the media didn't see this coming. Just about everyone else did."
If Jerome Powell and his fellow board members couldn't understand how throwing $10T into the economy could cause inflation, they should resign in disgrace.
