Who is confused about the Federal Reserve, inflation and interest rates?

Editor's note: What exactly is Powell attempting to convey here? Yes, Mr. Powell, but what about those three Wall Street mega banks Goldman Sachs Bank USA, JP Morgan and Citibank holding $157.3 trillion in derivatives? Armstrong Economics states that, "people who blame the Fed are blind to the real crisis facing us post-2024." Apparently, the peasant class don't understand capital flows and that "currency from the beginning of time has ALWAYS been valued NOT by its pure metal content but by who issued it." The US currency is issued by the Federal Reserve (it's not a bank and doesn't have reserves) after decisions are made by the Fed's Board of Governors for the amount to be created at the US Treasury. Apparently, the Federal Reserve "can not stop inflation with interest rates." This is contrary to what most people understand about the Fed.

 
Cha-Cha-Cha-Ching!