Powell testified that the strength of the U.S. economy prior to COVID19 is the reason it’s bounced back so quickly. In reality, its precisely because the economy was so weak prior to Covid that it needed so much artificial support from the Fed. The covid pin pricked the bubble.

Powell testified that the strength of the U.S. economy prior to #COVID19 is the reason it’s bounced back so quickly. In reality, its precisely because the economy was so weak prior to Covid that it needed so much artificial support from the Fed. The covid pin pricked the bubble.

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