#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'

Danielle DiMartino Booth, CEO and Chief Strategist at QI Research, joins Julia La Roche to break down the FOMC and discuss her open letter manifesto to the committee written on behalf of every hard-working American.

This episode is brought to you by VanEck.

Learn more about the VanEck Rare Earth and Strategic Metals ETF: http://vaneck.com/REMXJulia

Links:

Danielle's open letter: https://quillintelligence.com/2025/12/10/the-weekly-quill-open-letter-2/

Danielle's Twitter/X: https://twitter.com/dimartinobooth

Substack: https://dimartinobooth.substack.com/

YouTube: https://www.youtube.com/@DanielleDiMartinoBoothQI

Fed Up: https://www.amazon.com/Fed-Up-Insiders-Federal-Reserve/dp/0735211655

Timestamps:

0:00 Intro and welcome back Danielle

00:33 Reaction to FOMC

01:36 QE?

02:40 Markets are overreacting

02:59 Danielle's open letter to The Federal Open Market Committee

06:57 Kevin Hassett

08:45 How to preserve Fed independence

09:20 Every Hardworking American Who Wakes Up in the Morning Asking Themselves What Went Wrong

10:42 The Fed's conflicting mandates

12:25 The unprecedented level of dissent

15:04 Powell was passionately against QE back in 2012

17:21 The Fed could exert its independence

18:50 Markets think it's QE, but is it?

20:09 Powell

21:29 Fed policy is eviscerating the middle class

25:10 Labor market dynamics

30:12 Biggest fear - civil war without honest monetary policy

32:45 Call to action