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Fed chair Powell raises rates for 8th times says we're in extraordinary times and sees no bubbles to speak of in the economy.
Manage episode 218257051 series 102631
The Fed has raised rates to the 2-2.25% range and this is the 8th rate hike since the fed began raising them in 2015. Fed Chairman, Jerome Powell, has given several speeches in the last week and there’s several insights we can gain from Mr. Powell just by reading closely into what he’s saying. Folks, this guy is completely clueless about the next economic crisis brewing out there. We are nearing the end of this super bubble.
“Blown Away” Kevin MacLeod (incompetech.com)
Licensed under Creative Commons: By Attribution 3.0
http://creativecommons.org/licenses/by/3.0/
106 episodes
Manage episode 218257051 series 102631
The Fed has raised rates to the 2-2.25% range and this is the 8th rate hike since the fed began raising them in 2015. Fed Chairman, Jerome Powell, has given several speeches in the last week and there’s several insights we can gain from Mr. Powell just by reading closely into what he’s saying. Folks, this guy is completely clueless about the next economic crisis brewing out there. We are nearing the end of this super bubble.
“Blown Away” Kevin MacLeod (incompetech.com)
Licensed under Creative Commons: By Attribution 3.0
http://creativecommons.org/licenses/by/3.0/
106 episodes
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