(DCNF)—Editor-in-chief of Forbes and Republican businessman Steve Forbes ripped into Federal Reserve Chairman Jerome Powell on Wednesday on Fox Business’ “Kudlow,” telling Powell to focus on having a “stable value for the dollar” instead of mouthing off about tariffs.
Powell claimed to a panel on July 1 that the U.S. central bank would have lowered rates by now if President Donald Trump had not imposed sweeping reciprocal tariffs against a handful of countries, according to CNBC. Forbes discussed two key Republicans — former Fed Gov. Kevin Warsh and Trump’s top economic adviser Kevin Hassett — who are reportedly eyeing Powell’s position. Host Larry Kudlow asked Forbes about a potential change.
“Well, we have to see whether they can have a lot of those economists do something useful for humanity, like becoming Uber drivers. I don’t know what you can do in terms of replacing them,” Forbes said. “But in terms of the Fed governors and the like, I think what Secretary of the Treasury [Scott] Bessent and the president have to do is start laying the intellectual foundation [of] why the way the Fed operates is all wrong. Their philosophy is all wrong.”
“Prosperity does not cause inflation,” Forbes added. “The Fed has a really anti-growth bias, as you well know, and their focus should be not on trying to manipulate the economy. That did not work with the Soviet Union, and the feds made a hash of it here. They should focus on having a stable value for the dollar, what you would call King Dollar. That’s what should be their sole focus.”
Just days after Trump’s “Liberation Day,” Powell began to vocalize his uncertainty about the tariffs at an event, predicting a short-term increase in inflation due to the policy change. However, the Fed chairman said that “avoiding that outcome would depend on keeping longer-term inflation expectations well anchored, on the size of the effects and on how long it takes for them to pass through fully to prices.”
In response to Powell’s concerns, Trump took to Truth Social to write that it would be the “perfect time” for Powell to cut rates before adding that the chairman needed to “stop playing politics.” Despite repeated calls for the interest rates to be cut from the president, by June the Fed announced in its fourth meeting of 2025 that it would continue to maintain its target range at 4.25% to 4.5%.
“So this thing on tariffs, the chairman mouths off about tariffs. There’s nothing the Fed can do about the effects of tariffs and the idea that if prices do go up, just for argument’s sake, there’s nothing the Fed can do about it,” Forbes said.
“So what do they want to do?” Forbes asked. “They want to depress the economy because they don’t like the effect of tariffs? That’s not their business. Their business is one thing only, stable value for the dollar, so we can trust the dollar again. How about that?”
Prior to reports of the Fed chairman potentially being replaced, tensions between Powell and Trump had risen, with the president calling for the chairman’s resignation. Trump once again took to Truth Social on July 2, reposting a Bloomberg article saying the head of the Federal Housing Finance Agency is now calling on Congress to investigate Powell.
“‘Too Late’ should resign immediately!!!” Trump wrote.
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How to Prepare for Food Emergencies if You Don’t Have a Homestead or Bunker
In an unpredictable world, where supply chain disruptions, natural disasters, or economic instability can strike without warning, having a reliable food supply is more than just smart—it’s essential for survival. Whether you’re a “prepper” or not, we all know the golden rule: self-sufficiency is key. But what if you’re living in an apartment, working long hours, or simply don’t have the land to turn into a thriving homestead? Don’t worry; there’s a practical, effective way to build your food security without needing acres of soil or a fortified bunker.
The Ideal Prep: Building Your Own Food Empire
The ultimate dream for any serious prepper is controlling your own food production. Imagine waking up to a sprawling garden bursting with fresh vegetables, fruits, and herbs—tomatoes ripening on the vine, potatoes ready to harvest, and greens that provide nutrition year-round. Add in livestock like chickens for eggs and meat, and you’ve got a self-sustaining system that keeps your family fed no matter what chaos unfolds outside.
This approach isn’t just about calories; it’s about resilience. A well-maintained garden can yield hundreds of pounds of produce annually, while a small flock of chickens might produce dozens of eggs weekly. It’s empowering, cost-effective in the long run, and teaches invaluable skills like crop rotation, animal husbandry, and preservation techniques. If you have the space, time, and resources, starting small and scaling up is the best path to true independence.
The Reality Check: Not Everyone Can Homestead
But let’s face it—not all of us are in a position to go full homesteader. Urban dwellers might be limited to a balcony or community plot that’s far from sufficient for long-term needs. Busy professionals juggling jobs, families, and daily life often lack the hours required for daily tending. And for those in apartments, condos, or regions with harsh climates, raising livestock or maintaining a large garden simply isn’t feasible. Factors like zoning laws, soil quality, water access, or even physical limitations can make this ideal out of reach.
That’s where the frustration sets in. You want to be prepared, but without a homestead or bunker, how do you ensure your pantry doesn’t run dry during a prolonged crisis? The good news is, you don’t have to sacrifice your preparedness goals. There’s a smart, accessible alternative that bridges the gap: investing in high-quality, long-term storage food.
The Smart Alternative: Long-Term Storage Food from Heaven’s Harvest
Long-term storage food is designed for exactly these scenarios—providing nutrient-dense, shelf-stable meals that last for decades without refrigeration or special conditions. It’s the perfect solution for preppers who can’t rely on fresh production but still demand reliability and variety in their emergency stockpile.
At Heaven’s Harvest, they specialize in premium survival food kits that make preparedness effortless. Their products are crafted with the prepper mindset in mind: non-GMO, made in the USA, and packed with real ingredients that taste like home-cooked meals, not bland rations. Whether you’re stocking up for a short-term blackout or a long-haul SHTF event, our kits offer:
- Extended Shelf Life: Up to 25 years of storage, so you can buy once and forget about rotation worries.
- Nutritional Balance: High-protein entrees, fruits, vegetables, and dairy alternatives to keep your energy up and health intact.
- Ease of Preparation: Just add water, and you’ve got hearty meals like beef stroganoff, chili mac, or cheesy lasagna ready in minutes—no garden weeding required.
- Customizable Options: From individual buckets to family-sized kits, scale your supply to fit your needs and budget.
- Peace of Mind: Sealed in durable, waterproof containers that protect against pests, moisture, and light.
Unlike generic store-bought cans that spoil quickly or lack variety, Heaven’s Harvest focuses on quality and sustainability. Our food is freeze-dried or dehydrated to lock in flavor and nutrients, ensuring you’re not just surviving but thriving. And for those concerned about allergens or dietary preferences, we offer gluten-free and vegetarian options to keep everyone covered.
Why Wait? Secure Your Food Supply Today
Preparing for food emergencies doesn’t require a homestead or bunker—it requires action. By choosing long-term storage food from Heaven’s Harvest, you’re taking control in a way that fits your lifestyle. Start small with a 72-hour kit to test the waters, or go all-in with a year’s supply for ultimate security.
Visit Heaven’s Harvest today and use code “PATRIOT” for an exclusive discount on your order. Don’t let limitations hold you back; build your resilient future, one meal at a time. Your family will thank you when it matters most.