Federal Reserve Chairman Jerome Powell signaled that the U.S. may be in for more economic “pain” as the Fed continues to try to combat inflation with increasing interest rates. CNBC’s Mackenzie Sigalos reports.
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#FederalReserve #Economy #Inflation
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I'm not free hiker in ur country
time for some pain i guess 😢
The Federal Reserve Board does more than anybody or anything in the USA to F___ up the economy!!!! They are nothing but a pack of financial witch doctors, tarot card readers and crystal ball gazers who think that by fooling around with interest rates, they can make the economy, an extraordinarily complex mechanism, do what they want it to. They do far more harm than good!!!!! Their dictating the path of the economy actually uses methodology right out of Das Kapital!!!!! Get rid of them!!!!!!! And I think that little kids running a lemonade stand know more about economics than the FED!!!!
In 2008, the Fed implemented 0% interest rates and QE money printing of trillions annually, and called it Emergency Monetary Policies. After 14 years of 0% interest rates and QE money printing of trillions annually, the Fed calls it “Normal.” Anything above 0% interest rates is considered “Restrictive.” The mainstream media has guzzled the Fed Koolaid! If the Fed stopped artificially manipulating the markets and let interest rates NORMALIZE in a Free Market, rates would be over 6%, and probably well north of 10%. All the Central Banks of the world have hijacked and destroyed the “money” and economy of those countries, and enslaved the people in unplayable debt! Are you smarter than a fifth grader?
Common Man who are already being filled with drowned in loans will hv to take the burden ; the will hv less money in hand to spent ; not sure how much this will force the the producers (big market players ) to decrease their price of the end products since these big players of the market have enough insulation to sustain this shock & there is no tool available to control in market price .
shortage of workers? I dont think so. The problem is that companies won't hire. Or they just hire contractors. Particularly in Telecommunications. It's all contract work. They dont want to pay benefits. And skilled professionals don't want to contract of course!
Inflation is no big deal. Immorality is. There is a way to fix it.
Recession or inflation?
3% is Powell's idea of a neutral rate. I count rates up to 4.5% for the next year.
"These are desperate times, Mrs. Lovett. Desperate measures are called for."
I wonder what billionaire tastes like…is it as good as it looks in the commercials?
https://youtu.be/ZukfGuYBGyQ
Thanks for the update, I’m fixed income, it’s scary 😟 for me & hurts
This guy is a total failure.
why does everyone believe what they hear from these people about inflation. what a bunch of ? they are going to cause a recession and hurt a bunch of Americans for no good reason. they have no idea how to regulate anything.. people just sit and accept the nonsense they dish out. poorly run.
Good, pop the bubble
Raise interest rates with one hand
Print billions to support transgender issues with another
The threat of a painful inflation solution is a threat for homeowners to sell cheap. As the old wise ones use to say, “Forget about it.”
Incompetent administration
Oh no 🙊. Then we should definitely bail out the richest 1% and all the banks. 💰💰💰
No such thing as a “soft landing” just heads up research the history (that repeats) 😒
Pain for the people no pain for his banks they get richer and bigger and you get ripped off! Suend the Republican home!
Biden is destroying the American economy
It will come down as the supply line gets caught up. That will take time and raising the interest rate isn't the solution as many Americans have needed to use credit to afford basic needs. Now those same Americans have to pay more because of the interest being higher. This isn't a smart solution!!! It will only slow down large purchases that were only up, because so many refinanced the mortgages!
He said its either pain or far greater pain.. no mention if either one is transitory!
InFlAtIoN rEdUcTiOn aCt
OH dear! Another GOVT F up… so Powell pray tell… what ya gonna do, wave a magik wand>??? or do what is against the law except for the BANKRUPT TREASURY>>>
PRINT MORE MONEY??? HEHEHE!
PS DOW slope this year has been great vertical skiing "DOWNHILL!!!!!!!!!!!!
Dont forget to place the USa on the "INSOLVENT LIST" sort of like the NO WORK DHS LIST as the world would appreciate a truth for once..
I am just disgusted by Powell's consistent deliberation of controversial remarks: bring down inflation close to 2% while discussing getting close to neutral fed funds rate. When the current fed funds rate is half of the core PCE inflation rate how can he even bring up the subject of neutral rate? Aren't we miles away from being restrictive?
Is this Russia disinformation
#FEDERALreserveTREASON #FEDmustDIE #JEROMEpowellENEMYofUSA #banINFLATION #AbolishINFLATION
USA MUST VOID THE FEDERAL RESERVE ENTIRELY SINCE
ITS IN TREASON FOR STEALING THE USA GOLD STANDARD CURRENCY OF USA And TREASONOUS DEVALUATION OF USA DOLLAR VALUE THRU UNENDING INFLATION YR OVER YR
THE USA PUBLIC DEBT DOLLAR IT DEBT BANK NOTE IOU PROMISSORY NOTE
BY 14th amendment of 1867 THE DOLLAR BECAME PERMANENT DEBT AND USA BECAME PERMANENTLY INDEBTED TO US CITIZENS TO PAY US BACK IN GOLD.
Fed treason revoking goldstandard by nixons treason in 1933 CREATED THE PUBLIC DEBT DOLLAR HUMAN RIGHT MADE VALID AND UNQUESTIONABLE BY USA CONSTITUTIONS 14TH AMENDMENT PUBLIC DEBT LAWS.
The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned. But neither the United States nor any State shall assume or pay any debt or obligation incurred in aid of insurrection or rebellion against the United States, or any claim for the loss or emancipation of any slave; but all such debts, obligations and claims shall be held illegal and void.
And USA CAN VOID ALL ILLEGAL DEBT AND ALL PAYMENT IN SUPPORT OF REBELLION AND INSURRECTION.
"14th amendment But neither the United States nor any State shall assume or pay any debt or obligation incurred in aid of insurrection or rebellion against the United States; but all such debts, obligations and claims shall be held illegal and void."
VOID 8 trillion 20 yr AFGHAN WAR
VOID $19,996,279,000,000 TEXAS GDP 2021-2011 FOR NOT UPHOLDING 1867 RECONSTRUCTION ACT THUS TX IS STILL A MILITARY DISTRICT & NOT A STATE, its been TEN YEARS OF ILLEGAL ELECTION MANIPULATIONS. BY ILLEGAL GOVERNORS, ILLEGAL STATES GOV, AND ILLEGAL TX SENATORS.
VOID 8 BILLION BORDER WALL
VOID 7.8 TRILLION TREASON TRUMPS NATIONAL DEBT.
VOID 250 million off blackrocks loss to evergrande collapse
VOID 6 TRILLION BLACKROCK COMPLETELY FOR FUNDING ENEMY RUSSIA ABBOTT LABS AND ENEMY CCP CHINA TENCENT
VOID 6.2 trillion VANGUARD FOR FUNDING OIL GLOBAL WARMING CLIMATE CHANGE KNOWINGLY INTENTIONALLY CAUSING DAMAGE TO USA 210 BILLION DAMAGES FROM EXTREME DISASTERS.
https://www.cbsnews.com/news/coronavirus-pandemic-cost-americans-16-trillion/
VOID 16 TRILLION OF COVID BURDEN COSTS
OH LOOK AT THAT I FOUND 51 TRILLION ILLEGAL DEBTS AND REBELLION FUNDS AND BURDENS USA DOESNT NEED ( literally just googled this, its not rocket science CRIME COSTS USA, BIG CRIME COSTS ALOT)
USA CAN VOID AND PROFIT THE US ECONOMY ENRICHING THE DOLLAR AND ALL USA.
Btw this isnt half of the burden usa can void, USA CAN VOID HALF OF APPLE for it has damaged market competition and as illegal over charged for apple product 3x to 4x there production cost plus they get half off or 40% off many the components and chips they reuse for 2 or 3 product generations.
USA CAN VOID ALL REPUBLICAN POLITICAL FUNDS AND CHARITY TAX WRITE OFFS BECAUSE THEY ARE REBELLION/INSURRECTION FUNDS.
US CAN VOID ALL INTERNAL COMBUSTION ENGINE MOTOR VEHICLES IN CIVILIAN OR ROAD USE FOR More than 624,000 people died in car crashes, easily eclipsing the 535,000 American military personnel who died in World War I and World War II. More than 30 million people were injured in those crashes. ADD average $8,755 for funeral burial and vault commonly required for every single of those crashes deaths THATS 5,463,120,000 BILLIONS
Mit in 2013 vehicle emissions cause 58,000 PREMATURE DEATHS.
https://usa.streetsblog.org/2013/10/22/mit-study-vehicle-emissions-cause-58000-premature-deaths-yearly-in-u-s/
I can keep going but you get the picture
USA OWES NOT 1 CENT OF ANY CRIME, FELONY, CORRUPTION, INSIDER TRADING, FUNDING ENEMIES OF USA, REBELLION AND INSURRECTION.
TRY FINDING FOUND HOW MUCH FUNDS USA HAS PAID CHURCHES THAT ILLEGALLY SUPPORTED CHILD MOLESTATION OR INCEST AS PEDOS ARE COMMON IN NEARLY ALL CHURCHES.
#JAN6isACTofWAR #DESTROYrussia #IMPEACHweakBIDEN #KillTreasonRepublicans #gopUSenemies #BANoil #DEMOLISHtheFedReserve #RESTOREusGOLDstandard #UNIVERSALbasicINCOME #WARonISRAEL #TREASONblackrock #REPUBLICANSareENEMIESofUSA #TREASONvanguard
HATE feds inflation Rebellion? Then BUY LUNA CLASSIC & Hold, By USA constitutions 14th amendment USA MUST UPHOLD PUBLIC DEBT DOLLAR & LUNA CLASSIC PUBLIC DEBT PEG, "LUNC = $1 & PERMALOCKED $1 or MORE"
BUY LUNA CLASSIC ON THE RED DIPS AND HOLD, AS WE PUSH TO RETURN TO $1 PEG. Been helping save lunc since june 7 join us Dumper and shorter crushing and buy lunc. We wont surrender CRYPTO HUMAN RIGHTS
Buy luna classic, LUNC, UST & LUNA2 must return & Remain over $1 Permalocked by us constitution's 14th amendment public debt human right, usa is indebted to lunc buyers & holder in US MINTED COINS
Putin's inflation
NOTHING BUT "TAX EXTORTIONIST"! ALL REAL AMERIANS DO IS SPEND MONEY. THESE CON ARTIST TAKE UR MONEY B4 YOU SEE YOUR PAYCHECKS! ALL JOBS ARE GOING TO ILLEGAL IMMIGRANTS TRUST ME I LIVE IN THE SAN FRANCISCO BAYAREA!
Greed is God and Interest is the Son of God. " In God We Tru$$$t"
Who's ever to hear this.Godbless you and your family.
One year ago today: The world said… “Thirteen soldiers tragically perished because of Brandon’s botched withdrawal”. Dems said… “It’s only thirteen.”