Recession Is On The Way

During a recent speech in Washington D.C. the current FED Chairwoman when asked about the possible tools for the economic downturn and she hinted at the possibility of more accommodative policies.

The question is how could we really be in a economic recovery if there was also concerns of a recession in the days ahead?

Clearly the monetary wasn't design to fix an issue but paper over it until more paper was needed. This is a good reason why our nation is in the horrible shape it is now. Not to mention our nation only but the entire globe is being swallowed up in debt.

I often wonder if the PhD economist at the Federal Reserve is playing dumb or really just disconnected from reality all together. Everyone has to know that you can't continue to create fictional data and still not understand how the inflation target is below expectations. They have to know that once the flawed data registers correctly that the real inflation rate may be well beyond repair.

The remaining days of this month will be very telling of how the start of next year will unfold. Once the FED announces that they will not be adding a quarter point hike this year all bets are off for next year.

To start the year off heading into a recession will not be good because there's no where for the interest rates to go but negative alomg with a boat load of funny money.

Stay tuned for more of the monetary soap opera, "The Worst Days Of Our Lives".

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