Soft-pedaling the coming recession
Boston Fed President Susan Collins pushes the party line
The headline says it all: "Fed's Collins says inflation fight to cost jobs, recession not inevitable" (link). The words are meant to be soothing
a recession is not inevitable
price pressures may have already peaked
slower employment growth
somewhat higher unemployment rate
"softish landing"
strength of business and household finances
We all know that this is COMPLETE RUBBISH. Inflation will continue until the billionaires have sucked as much as they can from the rest of us:
they sold off securities at the height of the market
they purchased residential properties to drive up the prices and will now start dumping
they print money for themselves and FTD securities at the expense of both the 98% and the global economy
the military/industrial complex continues to start wars and outfit the world with bombs to fight with
DON'T MISTAKE GREED FOR CAPITALISM. IT'S TIME TO TRASH THE FED AND START OVER.

