The Fed WANTS Inflation

Thursday, April 14, 2016
By Paul Martin

By: Graham Summers
GoldSeek.com
Thursday, 14 April 2016

The Fed has unleashed inflation.

And it wants more of it.

From mid-2014 until early 2016, commodities as an asset class, collapsed some 45%.

This was an all out bloodbath. But despite this collapse in prices, inflation began to perk up.

Since that time, numerous Fed officials, including Fed Vice-Chair Stanley Fischer have concluded that inflation has arrived and that the Fed wants more of it.

Beyond this, the Fed failed to raise rates in March despite data hitting levels at which it claimed a rate hike was warranted. It has also walked back its rate hike forecast from four potential rate hikes to just two (if that).

There is also the political issue to consider. President Obama had a sit down with Fed Chair Janet Yellen on Monday. This was the first one-on-one meeting they’ve had since October 2014 (right before Congressional elections).

The first Fed rate hike in nine years did so much damage that it took multiple Central Banks unveiling multiple new policies to undo it. In light of this, what are the odds Obama pushed Yellen to refrain from hiking rates and pushing an already weak economy into full-blown recession? Pretty darn high.

The Rest…HERE

Leave a Reply

Join the revolution in 2018. Revolution Radio is 100% volunteer ran. Any contributions are greatly appreciated. God bless!

Follow us on Twitter