Fed Goal: Destroy 26% Of Dollar's Buying Power In 15 Years

Source: https://www.zerohedge.com/economics/fed-goal-destroy-26-dollars-buying-power-15-years
Published: May 15, 2021
Author: Tyler Durden
Post Date: 2021-05-15 19:31:31 by Horse
Views: 91

The Fed is clearly applying a creative interpretation of the word "stable." Would a doctor use that term to describe a patient’s pulse that keeps losing two beats per minute at hourly intervals?

Poster Comment:

Closer to 260% by election day 2024 if not a lot more. Food price increases will lead they way. I expect Nationwide Food Riots before November 2024.

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#1: StraitGate    To: Horse (#0)

-26% value in 15 years is only 2% annual inflation! I'd gladly take that over what they've been sticking us with.

StraitGate posted on 2021-05-15 21:54:22   Reply   Private Reply

#2: BTP Holdings    To: Horse (#0)

Nationwide Food Riots

They need 1,500 grocery trucks every week in NYC just to keep people fed there. If the grocery trucks stop the riots will start pretty darn quickly.

When I was there in the straight truck, I walked up the hill at lunch time to find a place to eat. There was a little restaurant there and I ordered a Reuben sandwich and fries.

Just up the street there was a marquis which said, "THE JERRY SPRINGER SHOW". He was a freak back then and is still a freak. ;)

BTP Holdings posted on 2021-05-15 22:05:49   Reply   Private Reply