Age of Awareness
Published in

Age of Awareness

The Fed is Lying to Us

High inflation is here to stay.

In a recent FOMC Press Conference on September 22, the chair of the Federal Reserve (the Fed), Jerome Powell, reiterated the Fed’s targets of full employment and inflation of 2%.

Powell acknowledged that the inflation rate has been elevated, blaming it on supply chain bottlenecks. He also stated that the Fed has tools to address higher than…

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