Tag: Jerome powell
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Wealthy Idiots Talk Cash, Financial News, and 2023
AJ and DC get together once again to talk about cash, like when to have it and when not to have it. Strategies to prevent spending and maximizing investments. They also cover what is currently happening with the recession, federal reserve and Sam Bankman-Fried. Lastly, they talk about what to think about for 2023!
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Unsurpassed inflationary surge. Prices out of control.
We are seeing an unsurpassed inflationary surge. Prices are out of control.The Fed is obviously concerned over the current inflation reports. Americans everywhere are seeing growing prices for gas, food, housing; basically all human necessities. As inflation rises, seemingly out of control, the Federal Reserve is using its only tool…raising interest rates in hopes to…