Forbes: Fed is giving US economy 'unnecessary pain'



Forbes Media CEO Steve Forbes argued the Fed’s tanking of the economy will cause a crisis in the exchange markets on ‘Cavuto: Coast to Coast.’  #foxbusiness # cavuto

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34 comments

  1. Besides Printing Money …
    NON-STOP
    Night and Day

    The FED Has Another Product They Produce

    Erroneous Facts
    And Fiqures Based On Fictional Fiqures

  2. The fed is run by the world bankers WEF,these guys are pushing a reset to go to digital currency globally,this is on purpose in every way…….. Pay attention.

  3. MONEY IS A THEME THAT EVERYONE HAS FOR A BETTER AND LUXURIOUS LIFE. LIFE WAS HARD FOR ME UNTIL I STARTED TRADING AND NOW I AM EARNING $9500 PER WEEK.

  4. Drifting into the trading world without the help of a professional trader and expecting profits is like turning water into wine, you would need a miracle, that's why i trade with Samantha Jack, her skills set is exceptional.

  5. The problem with Forbes idea is that it is half way through making the sausage. The Fed raising rates to curb inflation will still cause that AND the fed raised it reserve currency back in march of 2022 and in January. And it would still have the same affect on the economy over all. So kinduv a nothing burger really. Its gonna suck i get that but its really the difference between a 6 and half a dozen.

  6. I really appreciate the clear statements Steve Forbes is communicating. Steve is there any safe place for our savings?

  7. Everyone in the comments are sheep. Don’t listen to these people on Wall Street.

  8. Fed needs to raise interest rates. Inflation is high and the Fed is doing its job.

  9. Powell is a crook and a traitor

  10. Yes they are. They are also arming themselves against tax payers.

  11. Well there goes my retirement account. Thanks J-Powell and Biden. Oh it’s okay though, these rate hikes will make my milk 10 cents cheaper. Incompetent fools.

  12. It's one of hallmarks of communism. All of what this administration is doing is communism. If we don't fight back now and vote to save our country, we will lose it forever.

  13. Even during the economic downturn and recession,I'm so happy I've been earning $ 60,000 returns from my $10,000 investment every 21days.

  14. Amerika and Saudi relation bisnis but rival but religion law like that no problem in fair play competition.😁

  15. Fed must giving money to American goverment 50 percen from clearly deviden/keuntungan bersih every month.

  16. F*** the US economy — its the rest of the world that the rest of the world cares about 🤣

  17. The democrats want us to suffer they hate America and Americans and want to punish us for the supposed sins of our ancestors

  18. I am bullish on oil with Biden 🚀🚀🚀

  19. The Fed balance sheet needs to be reduced asap.

  20. you need to understand Karl Marx the 10 planks Communist manifesto they have secured at all they have taught your children indoctrinated made them stupid your politicians are corrupt and you are being taught garbage from the pulpit this is a conquest you are being conquered but the very people you call chosen John 8:44

  21. Look, the rich are whinig for their free money. Tax them hard.

  22. Read the book, the creature from Jekyll Island. It is about the Federal Reserve and how crooked they are.

  23. So you'd rather things spiral out of control?

  24. Well, after having such euphoria, pain is what's needed. There is only necessary pain

  25. Oh good… that should get another 20MM – or so off of the grid! so who is going to pay the mentally ills bills? They are !

  26. What is the inflation rate on the main items you buy every week at the groceries store…nobody talks about that because they are hypocrites and they telling us the inflation rate is 9% per week or per month or per year…even this is not clear yet…how do we calculate the inflation on a few items we buy every week…go figure

  27. Once again, it not the feds it’s congress!

  28. The "FED" is crippled by joey xiden's inflation! It(FED) only seems to have ONE Major tool in it's box and that is hiking interest rates.
    FED is destroying prosperity (as if it had any choice) due to democRATS's horrible ridiculous inflationary Spending! GOD I hope RePubs can gut many of xiden's HyperInflationary "policies"!

  29. Inflation is not caused by money printing, the demand for u.s. dollars is greater than money printed proved by u s. Dollar index soaring, inflation is from high energy prices effecting everything, you can only blame inflation on money printing when the u.s. dollar demand is declining (declining u.s. dollar index) this is called logic .

  30. Should have never went off of the gold standard

  31. 1. Steve Forbes is an icon of economic wisdom!
    2. With specificity, clarity, & passion for America’s success, he lays out the facts & strategies like no one else! 👍🇺🇸💪

  32. They're getting the best financial advice from Steve Forbes, and Larry Kudlow, if they paid attention we wouldn't be in this mess in the first place and he's showing us how to get out of it but they're too ignorant to listen