The Fed is raising rates at a much faster speed than ever in the last 40 years. They think this is required to stop Biden’s inflation from damaging the economy.
The Fed thinks it has actually never ever needed to raise rates greater and faster than at any time in the past 40 years to avoid Biden’s inflation from putting the United States economy into an anxiety.
The Fed has actually never ever raised rates quicker
We are all guinea pig in a huge financial experiment pic.twitter.com/n3Bz6VG1GE
— Genevieve Roch-Decter, CFA (@GRDecter) December 22, 2022
Elon Musk shared the above tweet. America is breaking down under Biden’s economy-destroying policies.
Elon Musk responded to my Tweet.
Might faint. pic.twitter.com/2jX8HAlKWn
— Genevieve Roch-Decter, CFA (@GRDecter) December 22, 2022
Notice in the chart above that the Fed never ever needed to increase rates under President Trump. Something it didn’t come close to doing under Obama. Trump’s economy was so great it might take it.
GW Bush’s Presidency could not manage the Fed’s rate boosts that ruined Americans’ home loans with balloons and resulted in the 2008-2009 economic crisis.
This time the Fed’s actions are extreme and frightening. Biden’s policies are eliminating the economy.
The post BIDEN ECONOMY: Fed is Raising Rates Faster and Higher than Ever– Inflation Is Out of Control appeared initially on The Gateway Pundit
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