Fed Can’t Reach 2% Inflation Without Crushing Economy, El-Erian Says — Stable inflation rate should be 3-4%, El-Erian told Bloomberg — The Fed is unlikely to change its goal post, he said (Bloomberg)

The Federal Reserve won’t be able to get US inflation down to its 2% target without “crushing the economy,” economist Mohamed El-Erian warned on Friday, but he said the central bank is unlikely to officially change that goal post. “You …

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Asking rents reach record high in April, some areas see 30% surge in prices… The cost of groceries keep going higher…

by Boo_Randy Heckova job, “Zimbabwe Ben” Bernanke, Yellen the Felon, and Jerome Powell. Your ultra-easy monetary policies have turned shelter, a basic human need, into a speculative asset class & priced millions of lower-income people out of decent housing. https://www.foxbusiness.com/lifestyle/asking-rents-april-2022-austin-portland-south-florida …

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Rents reach ‘insane’ levels with no end in sight… The credit impulse it is clearly moving downward…. The Fed has no choice

In the 50 largest U.S. metro areas, median rent rose an astounding 💣19.3% 💣from December 2020 to December 2021, according to a https://t.co/wXJ6ruWdLM analysis@CeciliaERouse @econjared46 @BrianDeeseNEC @drlisadcook @SBloomRaskin @steveliesman https://t.co/U55VVgvxvK — M/1_LP (@MI_Investments) February 21, 2022 Rents reach ‘insane’ levels …

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