The Recession That Will Change A Generation

The Recession That Will Change A Generation https://youtu.be/aqQoocgr3Nk Jim Rickarks The Recession That Will Change A Generation ► Special thanks to Jim Rickards https://www.youtube.com/user/JamesRickardsProject Well, there's going to be a bad ending. I wouldn't call it a policy mistake. The mistakes have already been made. And now we're at a point where we're like, okay, how do we get out of this? And, you know, I hate to use cliches, but, you know, between a rock and a hard place is probably as good as any. So the rock is recession at best, maybe something worse, something more like a global liquidity crisis. The hard place is inflation, worse than what we're seeing already. Those are the Fed's two choices, the the notion of a so-called soft landing where you we can raise interest rates a little at a time and get inflation under control or keep the economy going. That's not going to happen. We're either going to have a recession or the federal or some point bar, you know, not like what's going on. The markets still on the table, in which case inflation will take out to take off. Now, it's clear that Powell said we're going to get get rid of inflation, we're going to subdued inflation. We're not going to stop until that happens. Okay. That's a pretty clear direction. By the way, if you look at what Powell actually said, you got to be a little bit of a geek and watch the whole press conference and take notes to get the transcripts and all that. Not the not the FOMC statement. That's a little bit I know the guy who says it's all cut and dried, but. #stockmarketcrash #inflation #recession Tyler Pratt