Name: The REAL Reason the Fed Keeps Hiking Interest Rates
Uploaded: 2023-03-10T00:18:55+00:00
Duration: 19 min 46 s
Description: For almost two years now, Americans have been struggling with much higher-than-normal inflation. And since that time, we have heard the Federal Reserve first say we are not going to get any inflation.

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1 year ago

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For almost two years now, Americans have been struggling with much higher-than-normal inflation. And since that time, we have heard the Federal Reserve first say we are not going to get any inflation. And then when it came, they said, yes, but it is transitory. It is going to go away. And then when it did not, they said, okay, we are going to start fighting it now.

And they are still fighting it. They have been raising interest rates ever since then, going up by 75 basis points. And now on Tuesday, the Federal Reserve chair, Jerome Powell, just said, looks like our fight has still not been effective. So instead of rising by a quarter of a percent like we did last time, we are going to go back up to half a percent.

Timecodes
0:00 Video Introduction
1:28 Free Market Example
5:31 Interest Rates
10:51 Partially Controlled Top-Down Example
15:38 A Totalitarian Full Top-Down Control Economy

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