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Part 2: They say they can save us. They can't.
Eurodollar University's Money & Macro Analysis
Fed Chairman Powell Press Conference November 2, 2022
https://www.federalreserve.gov/mediacenter/files/FOMCpresconf20221102.pdf
Forbes: Fed Chair Jerome Powell—Haunted By The Ghost Of Paul Volcker—Could Tank The Economy
https://www.forbes.com/sites/jonathanponciano/2022/11/02/fed-chair-jerome-powell-haunted-by-the-ghost-of-paul-volcker-could-tank-the-economy/?sh=497894d04e14
Liberty Street Economics: Did the Fed’s Term Auction Facility Work?
https://libertystreeteconomics.newyorkfed.org/2011/10/did-the-feds-term-auction-facility-work/
Swanson…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.