Federal Reserve Bank of Minneapolis CEO says inflation is ‘very concerning’ and ‘spreading out’ across economy

by Boo_Randy

Pay no attention to what these Keynesian fraudsters say, only to what they do or don’t do. The Fed has no intention of combating inflation – they are still expanding their balance sheet and issuing trillions in new debt which they then buy up with created-out-of-thin-air Yellen Bux, stealing value from every honestly earned dollar in existence.

www.foxbusiness.com/politics/federal-reserve-bank-minneapolis-ceo-inflation-very-concerning-spreading-across-economy

We are primarily funded by readers. Please subscribe and donate to support us!

The Federal Reserve Bank of Minneapolis CEO and President Neel Kashkari said Sunday that the current state of inflation is “very concerning” and “spreading out more broadly across the economy.”

“It’s very concerning. We keep getting inflation readings, new data that comes in as recently as this past week, and we keep getting surprised. It’s higher than we expect,” Kashkari said during an appearance on CBS’ “Face The Nation.” “And it’s not just a few categories. It’s spreading out more broadly across the economy and that’s why the Federal Reserve is acting with such urgency to get it under control and bring it back down.”

Views:

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.