The Federal Reserve Wants You Fired: Ron Paul

The Federal Reserve Wants You Fired: Ron Paul

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The Federal Reserve was no doubt troubled by July’s decline in the US unemployment rate to 4.5 percent and increase in job openings to 11.2 million. This is because the Fed’s strategy for reducing the historic price inflation now plaguing the economy — caused by the Fed’s unprecedented low or zero interest rate policies — is to increase unemployment in order to decrease consumer spending. In his speech to the annual monetary policy conference in Jackson Hole, Wyoming, Fed Chair Jerome Powell reiterated his commitment to increasing unemployment, or, as he puts it, “softening the labor markets.”   Powell is correct...
Source: https://www.newswars.com/the-federal-reserve-wants-you-fired-ron-paul/