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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 691.66-0.1%Jan 16 4:00 PM EST
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Drygulch Dan
To: GROUND ZERO™ who wrote (186038)3/21/2023 12:07:40 PM
From: Machaon1 Recommendation  Read Replies (1) of 222000
 
If the FED can print money any time they want, then why are we paying taxes???

Jay Powell and the Fed are caught between a rock and a hard place. On one hand, they are feeling the heat from banks collapsing due, in part, to the rapid rise in interest rates. On the other hand, the corrupt, incompetent Biden government is flooding the world with invisible paper money. On the other hand, inflation seems unsolvable and keeps going up! What a nightmare.

Stop reckless spending and reckless radical policies!

The Federal Reserve would be insane, IMHO, to continue raising interest rates. It's not going to stop inflation, at best it's going to stabilize inflation! At worst, it's going to send the US and the world into a nasty recession!

I wonder if Jay Powell is sleeping well at night. He will be blamed for any economic mess.
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