US Layoffs Spike: Powell Needs ‘Big Boy Pants’ Urges Ex-Fed Insider
“It’s time for Jerome Powell to put on his big boy pants,” says Danielle DiMartino Booth. The Fed’s war on inflation? Misguided. In a fiery interview with Daniela Cambone, Booth dismantles the inflation narrative, pointing instead to a crumbling jobs market and collapsing consumer demand. “Companies have no pricing power. Consumers have no purchasing power.”
And Trump’s tax cuts? Booth joins Elon Musk in blasting them as fiscal fuel on a debt bonfire. “This gravy train was supposed to stop in 2025,” she warns. Instead of stimulus, we’re papering over a system-wide shock.
Follow Daniela on X: Daniela Cambone
About ITM Trading: ITM Trading has been a trusted leader in precious metals for over 28 years, helping clients protect and grow their wealth with custom gold and silver strategies designed for economic downturns and currency resets.