Has Jerome Powell Lost His Mind?

The Fed Chairman still thinks inflation is under control… February 25, 2021 UNSUBSCRIBE | ARCHIVES Has Jerome Powell Lost His Mind? “Warning! The Fed is rigging markets” You need to see this urgent warning about the Fed This warning is NOT a best guess about things to come&hellip It’s not a prediction about what the Fed may or may not do in the near future It’s a warning about what the Fed is doing… right now! Click here to see the full warning now. Dear Money & Crisis Reader, At this point in my career, few things surprise me. I’ve seen the housing boom, the Great Financial Crisis, the E.U. debt crisis, bail-ins, bail-outs, Fed chairs lying to Congress, BREXIT, and President Trump. However, what Jerome Powell said this week made my jaw hit the floor. In his testimony to Congress, the Chairman of the Federal Reserve stated: It may take three years for inflation to hit the Fed’s goal of 2%. Three years, as in inflation won’t hit 2% until 2024. Bear in mind, inflation, today, right now, is well above that. Bond yields, which trade based on inflation, have more than doubled since August. Gasoline prices are up over 70% since November. Lumber prices are up 52% over the same time period. Copper is up 33%. Heck, the ENTIRE commodities complex as measured by the Commodity Research Bureau’s CRB Index is up 26%! There is no sign of this stopping. Indeed, on the very day in which Fed Chair Powell was making these insane claims, gasoline surged 2%, oil surged 2.5%, copper rallied 3% and bonds collapsed. This is akin to the financial system SCREAMING “INFLATION IS HERE!” in Powell’s ear. And he claims we won’t even hit inflation of 2% until 2024. This is total insanity. And it is going to end horribly. America’s Death Spiral Begins April 14th If you’re like most folks, you’re probably wondering how we got here... America’s institutions are rotten to the core. Common sense and human decency are relics of the past. And Americans at each other’s throats. Well, it wasn’t by accident.  The prophetic analyst who predicted the subprime mortgage meltdown… the financial crisis of 2008… and Brexit… Says a grand experiment has been conducted on the American people without our consent. And the horrifying endgame is set to arrive on April 14th, 2021… Will you be ready? Click here for the full details. During the last bout of hot inflation in the 1970s, stocks initially bubbled up before CRASHING nearly 50% in the span of two years, wiping out ALL of their initial gains and then some. As I keep warning, inflation is going to ANNIHILATE investors’ portfolios. And this is only the first stage of what’s likely coming. I’ve posted a presentation that lays out the whole of the coming crisis for you. It explains how the financial system got to this point. And what to expect going forward. I recommend you check it out here. Best Regards, Graham Summers Editor, Money & Crisis Trump’s Final Gift To America There’s a little-known way Trump could – one day – have his revenge. It involves a Federal Ruling he oversaw in the final year of his Presidency that could change America forever… unleash an estimated $15.1 trillion in new wealth… and create countless ways for everyday Americans to benefit. What is this little understood decision? And how will it impact you? All the important facts are here. To end your Money & Crisis e-mail subscription and associated external offers sent from Money & Crisis, feel free to click here. If you are having trouble receiving your Money & Crisis subscription, you can ensure its arrival in your mailbox by whitelisting Money & Crisis. Money & Crisis is committed to protecting and respecting your privacy. Please read our Privacy Statement. For any further comments or concerns please email us at MoneyAndCrisis@threefounderspublishing.com. 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