Is the Fed raising rates too fast?
"Some economists said the Fed is going too far. Inflation is likely to slow as supply chain troubles ease and more Americans return to the workforce, relieving worker shortages and rapid wage growth.
“Our objection to this more aggressive (Fed) action is that it is unnecessary because the forces which have driven the recent inflation numbers are already fading,” Ian Shepherdson, chief economist of Capital Economics, wrote in a note to clients.
"Inflation is likely to slow as supply chain troubles ease'
(They are screwed up for the foreseeable future according to the people who track them)
"and more Americans return to the workforce"
(The demographics say that is just not gonna happen)
"the forces which have driven the recent inflation numbers are already fading"
(Yeah right...Combines are harvesting wheat right now around here with diesel at close to $6 a gallon, last year at this time it was around $3.20 or so, so where do you think that increase in price is gonna be felt? And it takes a while all this to work its way through the pipeline so to speak but don't worry inflation has peaked etc.)
False prophets wont just be in church, they will be in media, politics and economics, everywhere basically just like that article was saying. Its how you can tell the age we are fast approaching.)
1 Thessalonians 5:3
King James Version
For when they shall say, Peace and safety; then sudden destruction cometh upon them, as travail upon a woman with child; and they shall not escape.
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