What is the Fed Doing? | Forex Factory

  • What is the Fed Doing?

    From awealthofcommonsense.com

    Don’t fight the Fed used to be a positive slogan. That’s not the case anymore. If anything, it feels like the Fed wants to fight us, all of us, including the stock market and the economy. The Fed is actively trying to crash the stock market, break the housing market and push the economy into a recession. How do I know this? Because Fed officials are literally telling us this every time they speak. In fact, this week Fed chair Jerome Powell basically said people need to lose their job to slow inflation: We’re never going to say that are too many people working, but the real point is this, inflation, what we hear ... (full story)

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Banditten
Sep 26, 2022 6:53am
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The current FED/ECB teams will go over in history. Once my grandkids are reading economics they will study the financial politics in the past decade to understand how bad things can go. I agree to the article that the central banks have not shown willingness to adjust policy on the go - or to put it right: there was no plan B or C.

Now tightening is going to hit us extremely hard - it takes time before tightening monetary policy - and instead of waiting for things to play out they are tightening us right into a crash. And then it all starts over.

I have stopped listening to the central banks - I once thought it was run by high calibre economics but it turns out they are guessing just as much as I am.
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foto
Sep 26, 2022 6:15am
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Message from Fed is people are going to have to work productively once again.
Free money is unsustainable without collapsing economy.
Been a long time since anyone was told they will have to work productively if they want to get ahead.

Good news is that people will once again start to find a reward in working. Those who have an industrious nature will succeed, those who think they are owed a Living will be stuck in a revolving door going nowhere.

The side effects are what is written about in article as if that is all there is to it.
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Pipper64
Sep 26, 2022 4:55am
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Brain Dead Moron, Should get himself a real job, Joke
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