Fed Should Prioritize Employment
Image Source: Pixabay
“It’s time for Jerome Powell to put on his big boy pants and say, no, inflation is not the bigger problem”, says Danielle DiMartino Booth, CEO and Chief Strategist for QI Research. In today’s interview with Daniela Cambone, Booth argues that the Fed should prioritize employment, as true inflation is low and declining—especially in housing—while job losses continue and consumer purchasing power weakens. “Companies are saying in no uncertain terms, they don’t have pricing power because U.S. consumers don’t have purchasing power." On Trump’s tax bill, she aligns with Elon Musk, warning that it will increase the deficit and national debt. “This gravy train was supposed to end at the end of 2025… you’re not stimulating the US economy. You’re simply preventing a negative shock to the system,” she concludes.
Video Length: 00:14:09
More By This Author:
The Fed Is Derelict In Its Duty To The American People
Why Is Fed Ignoring Critical Data?
Fed Is Missing The Recession – Massive Policy Error Ahead