2023/11/09 ยท
2 months ago
Jerome Powell Leading the Economy into The Fourth Industrial Revolution: Hard or Soft Landing?
Jerome Powell wields significant influence over the dynamic economic landscape. As the authority responsible for adjusting interest rates and adopting a "data-dependent" approach, Powell oversees the intricate workings of the economy, utilizing tools such as the monetary policy and the "Brrr money printing machine." Amidst the ongoing development of the 4th Industrial Revolution, Powell is anticipated to play a crucial role in maintaining economic stability while regulations take shape in preparation for the Revolution. Forecasts suggest a stable interest rate environment in the upcoming six months, with no anticipated increases or decreases. However, the economy may face challenges during this period as the foundation for the new financial system is laid. The consequences of extensive money printing in recent years, contributing to inflation, are now evident, emphasizing the need for a nuanced understanding amid potential misdirections on inflation..
Be vigilant, stay alert and position yourself in the greatest wealth transfer in the history of the world.
Don't forget who creates inflation and how we got here. Here is a link to get some info on how currency and inflation work.
**Disclaimer - I am not a financial advisor and this is not financial advice. I do not charge or ask for donations in this repository. Do your own research.**