September CPI Disaster For the Fed - Comes in Hotter Than Expected at 8.2%

1 year ago

The September CPI Inflation numbers came out hotter than expected at 8.2% which is a disaster for the Fed and their attempts to tamp down inflation. This will give the Fed a green light to raise interest rates at least 75 basis points (0.75%) and possibly 100 points (1%). You would think the stock market would crash...well it did for the first hour then it rallied by almost 1,000 points...which is contrarian to what you think would happen. Crazy times and a crazy financial market. Keep calm and put your money into things that will hold value or increase...like food, water, ammo, precious metals, clothing, fuel, and other prepping items. Keep Your Ear to the Ground, and Head on a Swivel!
#cpi #inflation #silver

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Article:
https://www.zerohedge.com/personal-finance/us-core-cpi-surges-40-year-highs

Food shortages are here and will get worse. A dying dollar means you will be able to buy less. Grow your own food to combat the food shortages.

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