RE:RE:Why the Fed will Cut and Must do it SOON!Well there are certainly alot of conspiracy theories out there and I don't necessarily subscribe to most of them but one thing I do do believe is an absolute truth is that politicians and most leaders will always act in their own best interest. I don't believe Powell or any of the leading politicians or for that matter the powers that be behind the scenes want to see this entire financial system implode with the unpredictable consequences that can follow.
More than anything these people want the power and control that this current debt based system gives them so why would they want to demolish it purposely? An implosion can lead to absolute chaos with unpredictable consequences which could mirror the likes of the 30's that gave rise to Hitler and the Nazis. And you know what he did, even to people that thought they had power behind the scenes and thought they could control him!
But I do agree with you that this debt based system will likely implode some day on its own. A new financial system has to take its place with gold and silver backing a new currency. When is the 64,000 dollar question. However for now I don't think Powell or any politician wants to go down in history as the ones that brought on a depression that mirrors the 30's. Every politician and Fed president including Powell would be blamed and thrown out of office if they allow that to happen! Just my 2 cents!