Fed is Raising Rates Faster and Higher than Ever
Dec 26, 2022 15:39:27 GMT -5
Post by schwartzie on Dec 26, 2022 15:39:27 GMT -5
BIDEN ECONOMY: Fed is Raising Rates Faster and Higher than Ever – Inflation Is Out of Control
By Joe Hoft
Published December 26, 2022 at 1:24pm
The Fed is raising rates at a faster pace than ever in the last 40 years. They believe this is needed to stop Biden’s inflation from destroying the economy.
The Fed believes it has never had to raise rates higher and faster than at any time in the past 40 years to prevent Biden’s inflation from putting the US economy into a depression.
The Fed has never raised rates faster
Elon Musk shared the above tweet. America is falling apart under Biden’s economy-destroying policies.
Notice in the chart above that the Fed never had to increase rates under President Trump. Something it didn’t come close to doing under Obama. Trump’s economy was so good it could take it.
GW Bush’s Presidency couldn’t handle the Fed’s rate increases that destroyed Americans’ mortgages with balloons and led to the 2008-2009 recession.
This time the Fed’s actions are excessive and scary. Biden’s policies are killing the economy.
link
By Joe Hoft
Published December 26, 2022 at 1:24pm
The Fed is raising rates at a faster pace than ever in the last 40 years. They believe this is needed to stop Biden’s inflation from destroying the economy.
The Fed believes it has never had to raise rates higher and faster than at any time in the past 40 years to prevent Biden’s inflation from putting the US economy into a depression.
The Fed has never raised rates faster
Elon Musk shared the above tweet. America is falling apart under Biden’s economy-destroying policies.
Notice in the chart above that the Fed never had to increase rates under President Trump. Something it didn’t come close to doing under Obama. Trump’s economy was so good it could take it.
GW Bush’s Presidency couldn’t handle the Fed’s rate increases that destroyed Americans’ mortgages with balloons and led to the 2008-2009 recession.
This time the Fed’s actions are excessive and scary. Biden’s policies are killing the economy.
link
