3 hours ago UN Report Urges Fed to Suspend Interest Rate Hikes, Presses for 'Public Spending' Increases

Bitcoin.com ^ | 10/4/22 | Jamie Redman

[FlingWingFlyer]

When did the Brandon Administration turn the U.S. Government over to the UN Third Worlders?

[rktman]

“When the u.n. speaks, none of us listen!”

[cranked]

Assisted suicide courtesy of the UN instructing others to commit financial/economic suicide.

[Da Coyote]

Call when the UN is totally destroyed. Prosperity, happiness, and true progress will ensue.

Eff then and the sewers they came from.

[BenLurkin]

Isn’t massive “public spending” how we got into this mess?

[Migraine]

Those sUNbitches are panicked. They must believe money grows in the rainforest or some such place.

[Signalman]

Inflation, already high, will skyrocket if the Fed takes this stupid advice.

[Doctor Congo]

The Fed had a closed meeting yesterday, I am sure they had word of this UN demand. I cannot wait for the Fed response, I have no idea what they will do.

[joshua c]

and inflation? pffft!

the UN leeches arent feeling it at all

full speed ahead!

[Toddsterpatriot]

UNCTAD calculated that for every Fed basis point rise, the economic output of wealthy countries declines by 0.5%, and for poorer countries, the value of all sales of goods and services is reduced by 0.8% for a duration of three years.

The Fed already hiked by 300 basis points.

300 x 0.5% = 150% decline in GDP.

And they wonder why no one listens to the UN.......

[SaveFerris]

“It is these sacred principles in the U.N.’s charter which Americans shall henceforth pledge their allegiance”

[kjam22]

Lower the interest rate, cut public spending and cut sending money all over the world. Cut taxes and lay off 40% of federal employees.

[Tilted Irish Kilt]

"UNCTAD Report Criticizes Central Bank Rate Hikes During Global Economic Downturn "

So, the same organization (the UN)that says that they "OWN SCIENCE", along with the WEF (World Economic Forum)
wants to tell us we can help the rest of the world by having our country being eaten up by inflation.
Just wait until they "OWN" the U.S. economy, and they can do what they want, without benefit of any election.

[Codeflier]

300 x .005 = 1.5%. It’s 0.5%, which is 0.005.

[Yo-Yo]

UN urges we pour gasoline onto the fires of inflation...

[Toddsterpatriot]

Thanks, but 300 times one half of one percent is 150%.

And 300 times 0.005 = 1.5

[Freedom56v2]

Jan 20, 2021...

[sjmjax]

Isn’t massive “public spending” how we got into this mess?

Yes. Reminds me of my sister in law. Wasn’t feeling well so started taking some recommended herbal remedies. Started feeling worse. So, increased her dosage. Symptoms got worse. Upped her dosage again. Ended up hospitalized with kidney failure. The cause? The herbal supplements.

Very much like typical government programs.

[Hat-Trick]

Pretty sure America’s founders never envisioned a global cabal dictating our monetary policies.