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Ken Klippenstein's great report over at The Intercept that even the Fed’s own research warns that continuous interest rate increases could trigger a “deep reces
by leotravis10 4y ago
Ken Klippenstein's great report over at The Intercept that even the Fed’s own research warns that continuous interest rate increases could trigger a “deep recession”. https://theintercept.com/2022/09/09/recession-federal-reserve-inflation-interest-rate-hikes/ https://theintercept.com/2022/09/09/recession-federal-reserv...
I can predict that next time around the Fed is going to trigger a full 100 percentage rate increase thus triggering a much deeper recession thus more layoffs and job losses as a result. It's by design really since even the Fed wants to get wages down and shift power back to the employer.
Buckle up.