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The Fed Picked Inflation #federalreserve #inflation #interestrates #economy

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 The Federal Reserve just cut interest rates and ended balance sheet reduction, and it executed this "monetary easing" in the face of stubbornly high price inflation.

Why?!

In a sane world, the central bank would be holding rates higher to strangle inflation once and for all. It might even be hiking rates.

But we don't live in a sane world. We live in a world with a massive debt black hole that is sucking the entire economy into it.

This debt-riddled bubble economy can't function even with modestly higher interest rates. It "needs" its easy money drug. The Fed seems intent on supplying it to keep the party going - inflation be damned. Simply put, the Fed is trying to walk a tightrope.

It must choose between fighting inflation and keeping air in the bubbles. It can't do both.

So, it picked inflation.

https://www.moneymetals.com/

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Sound Money Defense League News
Stefan Gleason is President of the Sound Money Defense League, a national grassroots lobbying organization working to restore gold & silver to their historical role as America's constitutional money. He also leads Money Metals Exchange, a national precious metals dealer with over 50,000 customers. Gleason has frequently appeared on national television networks such as CNN, FoxNews, & CNBC, & his writings have appeared in hundreds of publications such as the Wall Street Journal, TheStreet.com, Seeking Alpha, Detroit News, Washington Times, & National Review.
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