Jay Powell Confirms the Fed Is Trapped and Can't Stop Inflating.
#EndTheFed #CPI #taper #inflation #QE #money #credit #stockmarket #bonds #stimulus #interestrates #unemployment
Today we will go over the Fed chairman's press conference after the FOMC meeting yesterday.
Not surprisingly for us, the U.S. central bank confirmed it cannot stop inflating in any moderate fashion despite announcing the beginning fo tapering over the next eight months.
Our conclusion is that inflation is far from over and the general public will be paying for it as the cost of living and prices of necessities will keep rising indefinitely.
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