Fed Rates Will Destroy The Economy (But They Won't Fix Inflation!)
According to Jerome Powell, AT LEAST 2 more rate hikes are on their way before the end of 2023. In an economy as overleveraged and indebted as ours, that means PAIN is on its way. But while the fed may collapse the US economy with its rate hikes, inflation isn't going anywhere.
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Video Breakdown:
00:00 Fed Chairmain Jerome Powell Says At Least 2 More Hikes Before Year End
01:35 Rate Hikes Won't Fix Inflation, But That Won't Stop The Fed From Trying
02:57 Inflation May Resume It's Upward Move Before Year End
05:58 Reason #1 Higher Rates Will Doom US Economy: Staggering Debt At All Levels
07:01 Reason #2: Massive Deficits & Global US Debt Dump Will lead To Skyrocketing Treasury Yields
09:10 Why Rising Treasury Yields Are Such A Huge Problem
11:29 Reason #3: Global De Dollarization
#ratehikes #federalreserve #silver #gold #usdebt #inflation #economiccollapse #stagflation
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