Pay no attention to what these Keynesian fraudsters say, only to what they do or don’t do. The Fed has no intention of combating inflation – they are still expanding their balance sheet and issuing trillions in new debt which they then buy up with created-out-of-thin-air Yellen Bux, stealing value from every honestly earned dollar in existence.
The Federal Reserve Bank of Minneapolis CEO and President Neel Kashkari said Sunday that the current state of inflation is “very concerning” and “spreading out more broadly across the economy.”
“It’s very concerning. We keep getting inflation readings, new data that comes in as recently as this past week, and we keep getting surprised. It’s higher than we expect,” Kashkari said during an appearance on CBS’ “Face The Nation.” “And it’s not just a few categories. It’s spreading out more broadly across the economy and that’s why the Federal Reserve is acting with such urgency to get it under control and bring it back down.”
Minneapolis Federal Reserve President: “We keep getting surprised” by new inflation data.
“It’s higher than we expect and it’s not just a few categories. It’s spreading out more broadly across the economy.” pic.twitter.com/fWygB8HFtI
— RNC Research (@RNCResearch) July 31, 2022
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