This Would have Caused a 70% Drop| Matthew Piepenburg

Jerome Powell, the Chairman of the Federal Reserve may be trying to emulate Paul Volcker, a previous Chairman known for raising interest rates to tackle inflation. Powell may be intentionally raising rates now, so he has room to lower them later during a recession that may be denied. The economy may currently be in a recession or on the border of one.

Watch more of this short video from Our Debt Is The Real Existential Threat | Matthew Piepenburg.

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