How to Deal With the Fed's Interest Rates

More than half of Americans don't have $1,000 and could not handle any kind of emergency that happened whatsoever. The impact on us will depend on whether or not we were rich or poor prior to all this hiking. It would require a two-thirds majority in both the House and the Senate to adjust how the way the Fed works. If the system continues to operate as it is, we can't change it as Americans.