The Julia La Roche Show #315 Danielle DiMartino Booth Calls Out Fed Powell's Lies In Open Letter To The FOMC - 'Somebody Needed to Say Bullshit, And I Said Bullshit'
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Dec 11, 2025 
Danielle DiMartino Booth, CEO of QI Research and author of 'Fed Up,' passionately critiques Federal Reserve policy in her open letter to the FOMC. She discusses the misunderstanding around QE, the Fed's dual mandate, and rising inequality where the top 10% thrive while the middle class suffers. Danielle warns of serious consequences from unchecked Fed practices, advocating for a reset in monetary policy that prioritizes everyday Americans. Her insights into labor market dynamics and the impact of AI on job opportunities are equally riveting.
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Markets Misread Liquidity Moves As QE
- Markets are overreacting to the Fed's short-term treasury purchases and calling it QE.
- Danielle explains the Fed is managing liquidity, not relaunching full-blown QE yet.
Use FOMC Vote To Protect Fed Independence
- Exercise the Federal Open Market Committee's legal right to elect its chair on January 28.
- Call your representatives and urge them to defend Fed independence and reject a political patsy.
Monetary Policy Has Favored The Top 10%
- Fed policy has increasingly served the top 10%, widening inequality since Greenspan.
- Danielle argues monetary policy is making the rich richer, not protecting everyday Americans.
