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The Fed will lower interest rates under 3% as a mild recession leads to a 'soggy 2024,' UBS chief economist says
ad says
The Fed will lower interest rates under 3% as a mild recession leads to a 'soggy 2024,' UBS chief economist says
Then inflation will rage.
create a hyperinflation environment like what occurred during the pandemic with a Fed Funds
ad says
create a hyperinflation environment like what occurred during the pandemic with a Fed Funds
There was no hyperinflation during the pandemic.
Inflation and hyperinflation are two different things.
true, hyperinflation is like what went on in Argentina such as +30% annual inflation ..
If you don't understand how bad inflation is already, go out and get a minimum wage job in any state, and live on that. Used to be possible...
Trade, barter, hide, subvert and deny everything.
If you don't understand how bad inflation is already, go out and get a minimum wage job in any state, and live on that. Used to be possible...
Central Banks like bullets don't have agency to enact/raise taxes. That is what legislatures do.
Yes they do. The Central Banks can simply increase interest rates, whenever they damned well please.
Yes they do. The Central Banks can simply increase interest rates, whenever they damned well please. They can deny a loan to congress. They can printe a trillion dollars and hand it out to a few 1000 "friends" to buy strategic industries.
Technically, he didn't want the money because the Hutts who ran Tatooine forced everyone to use THEIR issued money and charged an exchange 'fee' when converting Republic money.
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It seems that Fed employees know how to get rich betraying the public.