The Just Promised MAJOR INFLATION and No Chance of Stopping It! Prepare Accordingly

The Federal Reserve has gone down a path it cannot turn back from. It has gone towards the inevitable failure of the currency. There is no way that printing excessive quantities of fiat currency can ever work out well. They know this but that’s what is being done anyway. There are no historical examples of successful currency debasement and yet they’re all doing it. Sadly, people are enjoying this policy and believe this is somehow positive. How foolish.

Markets: Indexes, Bonds, Forex, Key Commodities, ETFs

https://www.cnbc.com/markets/

Federal Reserve issues FOMC statement

https://www.federalreserve.gov/monetarypolicy/files/monetary20200916a1.pdf

The Fed’s New Dot Plot After Its September Rate Meeting: Chart – Bloomberg

https://www.bloomberg.com/news/articles/2020-09-16/the-fed-s-new-dot-plot-after-its-september-rate-meeting-chart

Fed’s Lifeline to Main Street Flops With 99.8% of Cash Untapped – Bloomberg

https://www.bloomberg.com/news/articles/2020-09-15/banks-balk-at-fed-s-600-billion-lifeline-for-main-street-firms?srnd=premium&sref=ZEpEDN5v

Fed picks its side in inflation debate and sends market a message — no rate hikes for years

https://www.cnbc.com/2020/09/16/fed-picks-its-side-in-inflation-debate-and-sends-market-a-message-no-rate-hikes-for-years.html

Fed expects to keep rates near zero through 2023 – POLITICO

https://www.politico.com/news/2020/09/16/federal-reserve-zero-interest-rate-416202