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ā Donāt Fall for Fake News; Use Your Brain to Spot the Scam ā
This so-called āFHFA press releaseā is likely a Photoshopped fake designed to trick retail investors or fleece them. A little critical thinking shows it doesnāt hold up: 1ļøā£ Fannie Mae and Freddie Mac are separate companies with independent boards. They wouldnāt share a chairman. This āWilliam J. Pulteā is absurdāheās just an X (Twitter) influencer who gives away money for charity, not a Fannie Mae or Freddie Mac executive, let alone someone authorized to speak for the FHFA. The identity doesnāt add up. 2ļøā£ The wording screams fake. Official government or regulatory statements never use casual phrases like āIām encouraged⦠the economy will boom.ā Real releases are vetted by lawyers, with precise, cautious languageānot like a rant on social media. 3ļøā£ Mainstream media would be all over this. Jerome Powell, the Fed Chair, is the most powerful central banker globally. His resignation would be a market-shaking event, impacting stocks, bonds, gold, and the dollar. If true, the White House or Fed would announce it first, followed by instant coverage from Reuters, Bloomberg, WSJ, and CNBC. But search āJerome Powell resignā on Reuters or Bloombergānothing. Why? Because itās not real. 4ļøā£ This is a classic scam to manipulate retail investors. Fake press releases are a go-to trick to spook people. Retail investors, too impatient to verify, panic-sell or chase pumps, while the orchestrators cash in. āļøKeep building.Stay SAFU ā