Monday, January 17, 2022

Fed Chair Faces the Ultimate Lose-Lose Decision

 https://www.theburningplatform.com/2022/01/17/fed-chair-faces-the-ultimate-lose-lose-decision

The U.S. economy teeters between two catastrophes: wild and untamed hyperinflation that turns cash into wallpaper, or an epic crash that would make 2008 look like a day at the beach. Federal Reserve Chairman Jerome Powell has led the U.S. government’s monetary policy to this point.

Now he’s attempting a nearly impossible feat…

He will need to thread the needle between the two economic disasters, between the frying pan and the fire, to return the U.S. economy to any form of sustainable prosperity.