There's no cherry-picking after the fact - those comments were made contemporaneously during the surge in inflation, at the time Powell was insisting the inflation was transitory.

Nowhere near all, and none as prominent or as powerful as Powell. Larry Summers, Goldman Sachs, JP Morgan, the Dallas and Kansas City Fed Governors all said the Fed needed to raise rates.

Hoarding from scarcity and the inflation it perpetuates is well-established and understand phenomena.

Again, it doesn't matter what caused the inflation, pandemic or otherwise. Or how the world or trade has changed. When inflation is allowed to persist it becomes entrenched and self-perpetuating - that is not a function of inflation's cause or how trade works - it's a function of human behavior.

You don't have to predict the future - you only have to remember the past. When inflation stays elevated, regardless of the cause, it feeds on itself and becomes entrenched.

It was wrong because inflation didn't go down on its own - it required raising interest rates to do so.

What Powell missed was that inflation from any cause (including transitory factors) can become entrenched when not promptly addressed, which is why the Fed has to be aggressive, which he failed to do.

This is the same guy who repeatedly claimed that the runaway inflation in 2021 was "transitory", when it was obvious to anyone with a brain that it wasn't. Everyone with a brain turned out to be right.

Shut up you ignorant fuckwad.

Q.E.D.

As compared to artificial intelligence? For most of the students in the audience, not much more. That's the problem.

Which means I'm 80% at fault for choosing the wrong parents.

To be one of the biggest business failures of all time, in terms of drop from peak valuation to its nadir. It's currently valued at just shy of $1T, with a bottom that defies imagination. They can't get this IPO'd fast enough.

K-Y Jelly in jail that yes.

What a crock of shit.