GDP “MUCH LOWER” GROWTH: CHARLES PAYNE On Powell’s Comments; Future Of US Economy
September 22, 2022
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8:41Now PlayingGDP “MUCH LOWER” GROWTH: CHARLES PAYNE On Powell’s Comments; Future Of US Economy
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as posted by the channelDana (@DLoesch / @DanaLoeschRadio) talks with Charles Payne (@cvpayne), Host of "Making Money With Charles Payne" - Weekdays 2-3p ET on Fox Business on the future of our economy after The FED rate hike yesterday and Jerome Powell’s comments on how we are to expect “Much Lower” GDP growth for at least the next two years. It’s clear that the TRILLIONS of dollars of Democrat spending has led to this - and even Jerome Powell doesn’t see relief for quite a while. Powell even admitted that inflation is eating up the rise in wages - resulting in a net negative for American workers.
Charles says that Powell and the FED want people to panic and sell their stocks - it’s their desire that people exiting the market and selling their positions will allow these big hedge funds and market makers to buy it all up at low prices, leaving the retail investor with losses, and transferring that wealth to the market makers and hedge funds.
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