We'll have STAGFLATION (economic death) which will turn the economy into a *ZOMBIE ECONOMY*
BeamMeUpScotty <[email protected]>
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https://www.zerohedge.com/markets/cpi-preview-inflation-cooling-will-it-be-enough ==================================================== The BANKSTERS raised the interest rates some 300 points and it has caused inflation to maybe recede 0.3% which probably doesn't even keep up with the amount the paychecks are losing by the 300 point interest rate hike. And will be revised later when they discover it either didn't decline or will jump 0.3% than the actual number that will higher next time they post the CPI. Stomping on the inflation will result in a slower economy and they haven't told us that the GDP is growing thanks to their rise in interest rates... Making it a wash, and people still lost ground. As we sink into a Democrat depression from this Democrat recession because they chose to do what won't fix STAGFLATION... which means we fall off that cliff into Depression unless they ease the interest rates and allow the inflation to rise again. If so, we'll stay in Stagflation, indefinitely and it's NOT transitory is it, it's been around for more than a year... No GDP growth and no jobs and no escape from inflation. Like Hotel California, you can tell everyone you checked out, but you can never leave. This sounds like what our Marxist/communist enemies wanted for us... they want to kill capitalism. We'll have STAGFLATION which will turn the economy into a *ZOMBIE* *ECONOMY* -- -That's karma-