How the FED Gets Inflation WRONG
January 17, 2024
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3:56Now PlayingHow the FED Gets Inflation WRONG
YouTube Description
as posted by the channelHow the FED Gets Inflation WRONG
In this video I delve into the critical issue of the Federal Reserve's accuracy in predicting and managing inflation. The video begins with a stark assertion that people place undue confidence in the Federal Reserve, leading to a discussion on their recent miscalculations. The narrator takes the audience through a timeline, citing December 15th, 2021, as a crucial date when inflation was surging. Using charts and data from Statista, the video highlights the Federal Reserve's delayed response in raising interest rates despite the escalating inflation rates. The speaker questions the Federal Reserve's decision-making, pointing out inconsistencies in their predictions and actions. As the video unfolds, it challenges the narrative presented by the Federal Reserve, arguing that their metrics often exclude essential elements like food and energy costs. Concluding with a forewarning of a potential economic collapse, the video prompts viewers to critically assess the Federal Reserve's claims and prepare for possible consequences.
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