
sr20230420_Money
Divine Intelligence, etc
00:00
The Fed's Prediction of a Recession
70% of Americans are financially stressed, 58% live paycheck to paycheck. Shelter costs have risen at least 0.5% from the preceding month for 14 consecutive months. The Fed minutes now predict a recession this year; they've never predicted it in advance. We're living in an intervention economy where allocation of resources bears no relationship to economics.
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