📅 02.02.2026 · It Started: Trump Just ‘Broke’ The Federal Reserve – Go... · 👁️ 1
"From there in 2011, despite Kevin War saying that stimulus wasn't needed, the Federal Reserve announced an additional $600 billion injection into the economy to help the housing market. But Kevin Wars was a very fierce opponent, calling the benefits small and fleeting and the risks potentially large."
Predictions closed
Source (proof)
Plays from the quoted momentVerification
Analysis generated with AI ProFor informational purposes only. Not investment, financial, legal or tax advice. Full disclaimer
Community Arguments (AI Feedback)
Log in to use this feature
Login…However, critics say that back in 2008, Kevin Wars was worried that stimulus would be too much. He wanted to keep interest rates higher for longer and he warned about the chance of runaway inflation back in 2010. Even though for the decade that followed, inflation remained historically low. From there in 2011, despite Kevin War saying that stimulus wasn't needed, the Federal Reserve announced an additional $600 billion injection into the economy to help the housing market. But Kevin Wars was a very fierce opponent, calling the benefits small and fleeting and the risks potentially large. Although once he realized he couldn't stop the money printer in 2011 he resigned thereby cementing his reputation as someone who would rather see falling prices and slower growth than risk devaluing our currency. Like even in 2022 Kevin Worse said that the Fed waited too long to raise interest rates. He claimed the Fed lost credibility by overstim…