This guy...

 

Inflation hits another 40-year high. The war in Ukraine could make it worse

First of all, "COULD" make it worse?

IS making it worse would be my argument.

Yeah...This guy...My goodness...

"Fed Chair Jerome Powell told a Senate committee last week. 

"The economy is very strong."

(Why in the world do we keep talking about a "strong economy" when 64% of our people are living paycheck to paycheck? How strong is that really? I got a feeling were gonna be finding out here in a few months. )

" Unemployment is low."

(As long as you don't count the people who just quit looking for work (they are not counted as officially "unemployed" even thought they are, like yours truly :-), or the ones not working as many hours as they would like (Getting 30 hrs a week when they would like to be working 40) and the ones not making enough to pay their bills, maybe if you calculate unemployment that way it's low, but the thermometer is obviously broken with this metric)

"Wages are going up."

(Discernment alert: It's not what gets said, it's what doesn't get said that should have been is what a discerning mind will notice. Real wages (after being adjusted for inflation) have went down for seven consecutive months. Every month people are working for less $ because wages NEVER HAVE and NEVER WILL keep up with, let alone surpass inflation, so each month for the last seven consecutive months, wages have in reality went down, even if they just stayed the same, they actually went down. 

 "The labor market is quite healthy, and inflation is all too high."

Well at least he got the second part right :-). We had a glut of retirements that we probably wouldn't have had if it wasn't for Covid. It resulted in more people leaving the workforce than would have normally been anticipated, (like 1.5 million or so by some estimates) couple that with lower fertility rates and there are not going to be enough workers for the foreseeable future, regardless of what kinda spin people try and put on it.

Revelation 6:6

Then I heard what sounded like a voice among the four living creatures, saying, 'Two pounds of wheat for a day's wages, and six pounds of barley for a day's wages, and do not damage the oil and the wine!'

The rich get rich, (do not damage the oil and the wine) and the poor get poorer (Two pounds of wheat for a day's wages, and six pounds of barley for a day's wages)

Just like the guy in his article about why study the end times said:

"They will promote a false narrative regarding what is happening—a deceptive narrative that will oppose the biblical narrative of what is unfolding across the nations."

(The links to the articles that support my posistion(s) on what Chairman Powell said have already been posted on here numerous times, as is the link to why study the end times. So you wont be deceived is one really good reason :-).

I love you baby :-).