Is the Federal Reserve going Bankrupt?


The Federal Reserve is Losing Control! According to CNBC who I do not trust “Federal Reserve Chairman Jerome Powell told congressional lawmakers Wednesday that the central bank is determined to bring down inflation and has the ability to make that happen.

“At the Fed, we understand the hardship high inflation is causing. We are strongly committed to bringing inflation back down, and we are moving expeditiously to do so,” the Fed chief said in remarks for the Senate Banking Committee. “We have both the tools we need and the resolve it will take to restore price stability on behalf of American families and businesses.”

Along with expressing resolve on inflation, Powell said economic conditions are generally favorable, with a strong labor market and persistently high demand.”
See Full Article here: https://www.cnbc.com/2022/06/22/powell-tells-congress-the-fed-is-strongly-committed-to-bringing-inflation-down.html

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-TIMESTAMP-
0:00 Senator Kennedy Threatens to Freeze the Feds Ability to Print Money!
1:30 Jerome Powell Sounds like he has no clue what he is talking about!
2:15 Senator Kennedy Ripped Jerome Powell a New One!
2:40 It must be nice to spend more then you make!


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*Nothing I state or express should be considered professional advice. This channel is intended for educational and entertainment purposes only. All content contained within is all just my own opinion and experience. I do not advise that you buy sell trade or hodl any digital asset of any kind. You should always consult with your own finical advisor before making any investment decisions. I do not support any type of leverage trading, sports betting or online gambling of any sort. It is extreamly wreckless and I strongly advise against it*

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