Sunday, June 19, 2022

No Got it..

 

So here is the Inflation, higher prices on everything from housing to oil, gas, food. The Federal Reserve started to increase the interest rate to adjust the inflation from over 8% to 2%.  The interest rate increased by 1.25% and Federal Reserve also is withdrawing close to 100 billion Dollars monthly from the previous quantitative easing.

As a result, the stock market lost Eight (8 ) Trillion dollars already.

One thing is still out there that is interfering with adjusting down the inflation is the Sanctions placed on Russia that is impacting free trade of the oil-gas, and the cancellation of the Keystone XL pipe line and the Nord Stream 2 in Europe. etc.

The outcome will be the worst ever in USA, Europe and poor nations around the globe. 

Just a thought.

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