Regulated banks lose market share on Powell's deflation policy

Stocks jump on Powell's inflation plan

Powell sacrificing the regulated banks and shadow banking no becomes the norm.  At this point Powell would prefer an independent decision from Congress to create their own inflation, the Fed cannot do it.  But Congress has the room temperature iQ problem.

We are kind of screwed. If banking and the economy survive it will only be because sand box can extend shadow banking to everyone. But we do not have time, and big tech is stalling.