Central Bankers Want to Have their Cake and Eat It.

in economics •  3 years ago 

Today we will look at the recent decisions to raise interest rates by the Federal Reserve and the Bank of England.

We feel they will err on the side of inflation as they seem to think that by raising rates in very small increments they will be able to control almost double-digit price rises.

Our conclusion is that Central Bankers are playing with fire and that consumer psychology could trigger a major loss of confidence in fiat currencies.

Bald and Bankrupt video from March 2021 - Solo Through War-Torn Donbass:

SUPPORT MANECO64:

Use promo code maneco64 to get a 0.5% discount on physical gold and silver bullion purchases at https://www.goldinvestments.co.uk/

GlintPay App, Save and Spend in Gold - Use referral code MarioGlint79
https://glintpay.com/

https://paypal.me/maneco64
Teespring Store: https://teespring.com/en-GB/stores/maneco64
https://www.patreon.com/maneco64

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!