Fed Trying to Keep Economy from Collapsing

LFC Comments by P. Revere: We are at war, and the sheep do not even realize it. Evil works in incremental steps.

The following article is more depressing news…how high will gas prices go? Have you noticed the spike in food prices in the supermarkets? Where are we headed?

Here is a little bit of history: https://www.history.com/topics/france/french-revolution

Here is a very short clip of the January 6th “riot” in Washington DC. Patriots reminding us to “not let it go”. We are under attack from within.

Fed Trying to Keep Economy from Collapse – John Williams

By Greg Hunter On July 31, 2021 

Excerpts from the article:

Economist John Williams, founder of ShadowStats.com, says the economy is much weaker than it appears. Williams cuts through the phony gimmicked government numbers to give a true economic picture. His analysis shows the economy is already slowing down anew.

Is the inflation going to be “transitory” as the Fed keeps telling us? Williams says “No,” and goes on to say, “Inflation keeps going up. In Social Security, you might get a 7% bump, but you might be at 20% inflation next year. I think we are still at high risk of this evolving into a hyperinflation. Fed Head Powell just said inflation could be more serious than they are projecting, but if the Fed was convinced of that, they would take action to bring it under control. We will see what happens.”

Williams is still predicting “. . . In early 2022, I am looking for something close to a hyperinflationary circumstance and effectively a collapsed economy.”

*****



Categories: National News, Uncategorized

Tags:

%d bloggers like this: