Fed reverse repo over $1tn daily and inflation roaring forcing the Fed to tighten monetary policy

[TheWorldNewsOrg]

FED'S POWELL: I DO THINK IT'S TIME TO TAPER; NOT TIME TO RAISE RATES

Powell: Fed's Inflation, Employment Goals are 'Somewhat in Tension' our models did not predict this!

POWELL: THIS IS NOT A SITUATION THAT OUR "PATIENT" APPROACH OF FRAMEWORK WAS DESIGNED FOR

POWELL: WE'RE STILL 5M JOBS BELOW HIGH IN 2020

POWELL:HIGH INFLATION WILL LIKELY LAST WELL INTO NEXT YEAR (what happened to transitory?) (and 6 months ago they were calling it "deflation")

.

POWELL: I DON'T LIVE IN A WORLD OF CERTAINTY (Just a world where Fedcard pays for all the groceries)

[TheWorldNewsOrg]

Stocks, Bonds, & Bitcoin Slammed As Powell Confirms Taper Timeline

When the entire financial industry and everything built on top of it (homes, stocks, etc) thinks that there is a one way bet b/c the Fed will bail them out (for fear of greater damage to the economy) you are closer to the end than the beginning.

Get your lifeboat.

Bitcoin

[TheWorldNewsOrg]

 

In spite of what they say, governments will do nothing about inflation. Even though "money printing" is the real cause of this, governments will just keep blaming red herrings like supply chain problems. 

Until one day they can't.

[TheWorldNewsOrg]

 

[Mic Drop]