![If you ever wondered if the FED is incompetent, look no further than the current director [612x408 - 48KB]](https://pic8.co/sh/fPedit.jpg){kind=link}
"incompetent"? No, they are very competent. They've achieved exactly what they set out to.
Playing dumb is an easy way to avoid accusations of intent. Remember George Bush Jr? He played the dumb card masterfully.
I honestly thought GWB was actually dumb. I think it's more likely that Bush was the republican candidate because they knew the Bush administration would be the ones running the country.
As far as the FED, the scam really only works if the plebs think that they are competent and the only ones who can save us from financial turmoil. I don't think it is intentional for the chairman of the FED to play dumb. I think this was a genuine mistake and evidence that DEI tier hiring practices have hit the organization.
the scam really only works if the plebs think that they are competent and the only ones who can save us from financial turmoil
No, not at all. The "scam" works because, by function, everyone who uses US dollars is a debt slave to a private central bank, because said bank issues all currency at interest. That means every single citizen, politician, corporation, etc. are in debt to the same entity.
You cannot escape the perpetual debt slavery without some kind of mass revolution. This is why the founding fathers of the USA were willing to start a war to escape King George III's "Curreny Act" which would have force the colonists to abandon their state issued currency and instead use printed bank notes, issued by a private bank, AT INTEREST. This is hopeless debt slavery and they knew it.
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