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A lack of leadership at the Federal Reserve, combined with a lack of leadership at the White House, now spells D-I-S-A-S-T-E-R for the U.S. economy.
The government's money-printing has created a massive, unprecedented, and irresponsible increase in our money supply. Meanwhile, the government's misleading--and underreported--inflation numbers mean the Fed can pretend it has no idea what's really at stake.
Inflation today is far more akin to the inflation rate of 1980...i.e. 13.6%....meaning the Fed needs to summon its inner Paul Volker. But Paul Volker... Jerome Powell is NOT.
In today's program, I explain why our Federal Reserve is not prepared to tackle skyrocketing inflation in a meaningful way. Powell hikes are not enough. A prolonged and deep recession will be the result.
Get more online at https://TrishIntel.com - connect with me directly at:https://TrishRegan.Locals.com
Today's Links:
https://LegacyPMInvestments.com
https://KeyCityCapital.com/Trish
Support the show: https://trishregan.store/
See omnystudio.com/listener for privacy information.
4.9
12071,207 ratings
A lack of leadership at the Federal Reserve, combined with a lack of leadership at the White House, now spells D-I-S-A-S-T-E-R for the U.S. economy.
The government's money-printing has created a massive, unprecedented, and irresponsible increase in our money supply. Meanwhile, the government's misleading--and underreported--inflation numbers mean the Fed can pretend it has no idea what's really at stake.
Inflation today is far more akin to the inflation rate of 1980...i.e. 13.6%....meaning the Fed needs to summon its inner Paul Volker. But Paul Volker... Jerome Powell is NOT.
In today's program, I explain why our Federal Reserve is not prepared to tackle skyrocketing inflation in a meaningful way. Powell hikes are not enough. A prolonged and deep recession will be the result.
Get more online at https://TrishIntel.com - connect with me directly at:https://TrishRegan.Locals.com
Today's Links:
https://LegacyPMInvestments.com
https://KeyCityCapital.com/Trish
Support the show: https://trishregan.store/
See omnystudio.com/listener for privacy information.
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