September CPI Disaster For the Fed - Comes in Hotter Than Expected at 8.2%
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.
DISCLAIMER #1: I am not a doctor, medical professional, or lawyer. Any statements made on the EveryMan Prepping channel are opinions only and not directions or advice. NO information on this channel should be used to diagnose, treat, prevent or cure any disease or condition or give legal advice.
DISCLAIMER #2: I am not a financial adviser. Do not take anything in my videos as financial advice. Even though I talk about money, currency, cryptocurrencies, gold, silver, other commodities, stocks, etc., I only express my opinion based on my experience or on articles I have read. These videos are for educational, and entertainment purposes only. Investing of any kind involves risk, do your own research. Your investments are solely your responsibility. There is no guarantee of gains or losses on any investments, especially the ones I talk about.
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