Breitbart Business Digest: The Sun Tzu Jewel Test, Elon Musk, Twitter, Jerome Powell, and Greedflation
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Summary
The Chinese tactician Sun Tzu wrote in his famous Art of War that a general who advances without coveting fame and retreats without fearing disgrace is the “jewel” of the kingdom.Are there any candidates for jewels of the kingdom today?U.S. Federal Reserve Chairman Jerome Powell speaks at a news conference in Washington, DC, on May 4, 2022. In an interview this week with “Marketplace Radio,” Powell seemed to retreat from the idea that the Fed could arrange a “soft landing” for the U.S. economy, saying that it would depend on things beyond the central bank’s control.Let’s give Powell the status of half a jewel.President Joe Biden speaks about his plan to fight inflation and lower costs for working families on May 10, 2022, at the White House. Until further evidence arises, we’ll withhold judgment on whether Musk has earned half a Sun Tzu jewel status.The report card, then, looks like this: Powell gets half credit, Democrats and Biden get none, and Musk gets an incomplete.Economy.Please let us know if you're having issues with commenting.
As said here by John Carney