Is Stagflation from the 1970s returning? Fed chairman, Powell, doesn't think so.
Justin Mohr Show · Justin Mohr, Justin Moore
June 22, 201826m 48s
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Show Notes
The Federal Reserve has raised rates for the 7th time in a decade. The latest FOMC statement and the Fed's move here tells us a lot. The Fed really does believe the economy is strong and that it is fundamentally and structurally strong. The Fed thinks the band aids put on our economy in 2008 actually fixed things. This sort of arrogance is very destructive and will lead to the next collapse. Stay tuned.