Posted on 10/19/2023 12:16:52 PM PDT by RomanSoldier19
ederal Reserve Chairman Jerome Powell acknowledged recent signs of cooling inflation, but said Thursday that the slowing in price increases was not enough yet to determine a trend and that the central bank would be “resolute” in its commitment to its 2% mandate.
“Inflation is still too high, and a few months of good data are only the beginning of what it will take to build confidence that inflation is moving down sustainably toward our goal,” Powell said in prepared remarks for his speech at the Economic Club of New York. “We cannot yet know how long these lower readings will persist, or where inflation will settle over coming quarters.”
(Excerpt) Read more at msn.com ...
Better idea: Stop out of control spending by our out of control government.
Well, if nothing else, this regime has lower economic growth covered....in spades.
We’ll need at least 5 million of you to become unemployed - but that’s a sacrifice I’m willing for you to make!!
yep
Top US Meat Producer to Focus on Insects after Partnering with WEF
https://newsaddicts.com/top-us-meat-producer-focus-insects-partnering-wef/?utm_source=mailpoet#038;utm_medium=email&%23038;utm_campaign=newsletter
Tyson Foods Inc., the largest producer in the U.S. for all kinds of meats, is opening a major insect processing plant in the United States to fulfill what it says is “enormous future demand” for insects in North America.
The company has also been hailed by Klaus Schwab and the World Economic Forum (WEF) and was awarded the globalist organization’s “Technology Pioneer” award. Protix CEO Kees Aarts is also listed as a member of the WEF.
It’s a multibillion-dollar industry opportunity that has tremendous growth potential, and we see Protix as being a leader there,” Tyson said. Tyson added that “insect-protein inclusion” can be beneficial to both the “planet and animals.”
The World Economic Forum and major corporations have been increasingly pushing for a reset of the global food supply chain.
WEF has been very vocal about how the masses must give up beef due to the alleged “emissions” involved in producing meat.
Meanwhile, the corporate media has been trying to convince the public to give up meat and dairy products and begin consuming insects instead.
In Europe, an additive made out of powdered crickets has already made its way into pizza, pasta, cereals, and other flour-based foods.
Tyson’s foray into bug production for animal food is an ominous sign that the meat giant could also be planning edible insects for human consumption.
Meanwhile, the corporate media has been trying to convince the public to give up meat and dairy products and begin consuming insects instead.
Even Stevie Wonder can see that.
So much evil, inflation is to high so the elite’s recomended solution is unemployment and contraction of the economy.
Basically, starve peasants!
Solent Green is people!
What happened to the "soft landing"? What a bunch of morons! This has been proven over and over there is no such a thing as a "soft landing" and the only way out of inflation, because inflation is created in only one place, Washington D.C., is to cut spending, stop printing money and/or raise taxes. This will cause a recession, no doubt. And BTW, increasing output is also a way out but it is an order of magnitude too small.
The genius, Dr. Milton Friedman, has told us this time and time again. You know, the "dead guy" Biden refers to dismissively.
Actually this means the inflation “proves” that Biden’s doing so great he needs to slow it down lolz
he even campaigned on SNL;
https://youtu.be/NrOY3yKUH4k?feature=shared
worst Fed Chair ever, anytime he gets anywhere near a microphone the market drops
This man is a true genius.
So, it turns out that recession stops inflation?
Got it.
Let's just say Brandon's Fiscal Policy makes monetary policy a bit more difficult.
Lower economic growth increases inflation.
Brandon’s polices on Energy, Foreign Affairs, Fiscal Policy and basically everything else he has touched has turned to pure crap.
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