Fed raises interest rates - Inflation Will Turn Into Stagflation!

Fed chair Jerome Powell raised interest rates 75 basis points today increasing the fed funds rate to 3.0% - 3.25%. This was expected but the stock market still fell over 1% and silver and gold have been having big swings up and down. This raise is not enough to stop inflation and too much to rally the stock market and banks. So welcome to Stagflation, a period of slow growth or recession and constant inflation. This is will hurt every American.
#inflation #stagflation #fed
Keep Your Ear to the Ground, and Head on a Swivel!

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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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