I

 

must have read, 12?, 

14? articles yesterday?

 And they all said largely the same thing as this:

Fed raises rates 0.75 percentage points, signals more to come

"Driving the news: Following a two-day meeting, the Fed's policy committee increased its target for short-term interest rates to the 3 to 3.25% range, and said in a statement that it "anticipates that ongoing increases in the target range will be appropriate."

"In new forecasts, the median official of the central bank now expects their rate target to reach 4.4% by the end of this year, a full percentage point higher than they had projected at their June meeting. That would move that benchmark rate to its highest level since 2007.

They anticipate at least one additional rate increase next year, with the median official now expecting a 4.6% rate target at the end of 2023, up from 3.8% in June."

Okay so lets think about this here for a minute, discernment alert time basically.

Thats 4,4% by the end of this year and 4.6% by the end of next year.

Thats only a .2% increase all of next year. 

The question becomes why? 

And the reason is exactly what I have been harping on all along, the FED knows they can not raise interest rates beyond that or we will default on the interest payment of the national debt.

Why do they think stopping at 4.6% (they call it a "terminal rate", it's terminal alright lol) when inflation is running at 8.3% is gonna stop or slow down inflation?

The fact is they know it's not gonna and they know where they have to stop at and why. They're just not telling ya, so I will.

Fed Funds Rate Increases this year:

Mar 16, 2022: 0.25–0.50

May 4, 2022: 0.75–1.00

June 15, 2022: 1.50–1.75

July 27, 2022: 2.25–2.5

September 21, 2022: 3.00–3.25

So interest rates have been increased by 3% already this year and it hasn't slowed inflation at all.

So next year?

.2% gonna fix the problem?

When 3% this year hasn't touched it?

So why on earth would we stop then at 4.6%?

I've been telling you why.

It's not a recession that coming,

its not a financial crisis that is coming,

Its a world wide global financial cataclysm that is getting ready to happen.

Oh yeah

they expect to reach 4.6% by springtime or so.

And come May 2023?

"Starting May 3, 2023, "every air traveler will need a REAL ID-compliant license, or another acceptable form of identification (such as a passport, passport card, U.S. military card, or DHS trusted traveler card, e.g. Global Entry, NEXUS, SENTRI, FAST) for domestic air travel."[7][8][6]

Real ID Act

Do you really think the Fed and other "powers that be" don't know whats going on?

Do you really think those two timelines are coincidences?

I miss you baby :-).

Bad.

Hate this allergy crap, farmers combineing etc.

25 degree temperature drops one day to the next may make for great bourbon, but it sure is hell on my allergies :-).