Fed must take 'draconian steps' to tackle inflation



Circle Squared Alternative Investments founder and CIO discusses the long-term impact of rate hikes on the U.S. economy on ‘Varney & Co.’ #foxbusiness #fbnews

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39 comments

  1. The Fed along with Democrats (and republicans) are to blame for the inflation. It's all deliberate; inflation is taxation without representation.

  2. 200bpt

    ישוע המשיח

  3. "Mar-A-Lago Is Looking To Hire 91 Foreign Workers This Year"

  4. It’s time for 500 basis points

  5. The 1% freaking out over 1%,
    while this one of the 99%
    is rootin' for the Great Collapse. 🤣

    "Turn the machines back on!"

  6. It would be great if Joe Biden would force an approval of 500 trillion dollars of infrastructure monies to the deep state workers asap. This might the last hurrah of Joe and associates.

  7. Dow should be 3000. Not 30,000. Duh

  8. The Fed must take draconian action to screw the middle class because stopping inflation by stopping the growth of Federal spending is not an option to socialists.

  9. The worst part about this recession is that consumers are racking up credit card debt. In April alone, credit card debt went up 20% while rates have doubled in a year. Inflation is so high that consumers are literally taking debt for basic life necessities. Collapse is near.

  10. There was a time when we " made it here", we had jobs for everyone and the products were of high quality, then the 1% wanted everything. Now Inflation drives prices up and if Inflation is high and jobs disappear by the millions we are in a recession and maybe headed for a Depression…So be careful with your money. It may take decades to get back on pay again. Luck to all.. I've seen folks make huge 7figure profit in a crashing market and pull it off much easily in a bull market Unequivocally the crash/recession is getting somebody somewhere rich…

  11. Reaganomics. Forget the interest rates. Reduce or remove regulation, so companies can pump out production. Inflation deflates. I voted for Reagan twice. God, I miss him.

  12. Again, Americans getting screwed by Democrat policy that they won't admit was their doing. Point the finger somewhere else.

  13. November is going to be a bloodbath.

  14. How is it really effective when Biden keeps spending more?

  15. Lets begin by renewing the Trump energy policies of making America energy independent again!!!

  16. We can only hope that the next Tweety rally is the one where he passes out the Kool-Aid.

  17. The fed is only going to make things worse!!!!!!! Get rid of that pack of bull____ artists!!!!!!!

  18. When the human traffickers " the republicans" send the migrants in tour buses and planes, are they using americans taxpayers money to pay for it ?

  19. Runaway Inflation – world markets collapse – Depression.

    Or…

    Cut taxes 20% across the board
    And zero all debt from every single citizen to every small business and Corporation. Then shield the American financial sector and economy from all foreign nations. Ultimately, every country in the world will also zero all their debt. The world markets cannot survive this.

  20. I don't get why we need to pull money out of the economy with such blunt tools, lowering inflation isn't about lowering the money supply but the money circulation, you need policy that inceitivizes long term investments, which people will withdrawal from on a staggered timeframe. We're just literally just passing the bucks to each other, we need to build something.

  21. Raising the interest rate has never solved an inflation problem in the history of the world. It's a stupid f**** thing to do.

  22. The Federal Reserve has been destroying us since its inception. World War 1 they loaned out far more notes than we had gold to back. When the war was over instead of nations paying the loans back they tried to cash their reserve dollars in for gold which caused us to leave the gold standard and start the Breton Woods act. Vietnam they loaned the U.S. so much that we defaulted and had to move to a fiat currency (which signaled the end of the United States). Now they're printing us into oblivion and now that they've succeeded they're going to raise interest rates causing a ton of investors to default due to margin calls and the Fed is simply going to buy all those lost assets at a phenomenal low cost just like they did when they raised the interest rates at the start of the Great Depression.

  23. Relying on the Fed to fix inflation when the Fed caused inflation. America's joke fiscal policy. Only thing good is watching rich people lose money.

  24. After adjusting for Democrats created Inflation if you live on a fixed income/Social Security, Democrats CUT your benefits last year, this year & next year. This Nov thank Democrats

  25. I think is more likely for the Stock Market, BTC & ETH to retest the resistance to the upside and then move lower. But as always, things change on a daily basis and all we can do is to trade responsibly and keep track of the markets and re-evolutes our strategy frequently. I want to thank you, Josef Dennis. for being my source of crypto education. as I'm comfortably making 24 BTC Weekly..

  26. For starters..Impeach Biden/Harris and Vote the democrats out of office. Vote Republican

  27. Fighting 8.5% inflation (more like 35%) with a 1% Fed funds interest rate is like stopping a forest fire with a bucket of water. Folks prepare accordingly. Make investment in other not to depend on the government for funds

  28. THE IMPACT IS THE ENTIRE COUNTRY BECOMES TENT CITY.

  29. Simple way to control inflation is to ban borrowing money altogether and put interest rate 0% for people paying all their existing loans… We have too much loans out and can't afford to continue to borrow money.

  30. america is done, the next step fertality rates will very soon drop to a lowest level. its over

  31. This is what I can not stand about the so-called business channels. Yes the Fed is raising rates. Got that. But what nobody talks about is as the Fed increases interest rates it accelerates the US debt. Paying 3% on 30 trillion dollars, is less than paying 5 to 6 to 8% on 30 trillion dollars. This exacerbates the US debt. But nobody talks about it. So as the interest rates increased the debt gets worse, yet the dollar continues to go up because of the increase in the interest rates. But at the same time the dollars is being diluted simply because of the interest rates being raised and more money have to be printed to cover the cost of the interest on the 30trillion dollars

  32. all they had to do was sell their assets back into the market to suck the excess cash out, but now they’re going to tank everything with higher rates!

  33. The Fed is BSing FUEL price is everything, the US economy runs on "F'ing" diesel. All a show for wall street..

  34. Obviously people don’t realize that the “Fed” is NOT part of the U.S. government.
    It’s just a branch of the privately owned World Bank (Rothschild).
    So you don’t believe me? Go do the research.
    Knowledge is Power of which the average American has neither.

  35. YEA RIGHT.. print more money… meanwhile I am going to try to contiue to get off of the grid…
    while you guys print some money to fund your next war, why dont you to go dutch on that! Pay for your own dam wars from now on… or print the money .. ARe you reading between the lines… AMERICANS ARE TIRED OF THE LIES< WARS< AND HORS…
    Great Resignation
    Silent Resignation
    Great Economic Resignation

  36. And do the Fed's realize what they're do to people's 401k this is a disaster for anyone who is getting ready to retire. Now they have to keep working to us keep up with every days cost. 🙄