Jim Bianco joins Fox Business to discuss Wednesday's FOMC Meeting and Fed Policy

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  • Опубликовано: 21 сен 2024
  • Jim Bianco joins Fox Business to discuss Wednesday's FOMC Meeting and Fed Policy with Charles Payne.

Комментарии • 18

  • @tonylopetrone9828
    @tonylopetrone9828 5 дней назад +3

    The FED is protecting the banks and the bond market that is it!

  • @stephenbush7200
    @stephenbush7200 6 дней назад +6

    I think cutting rates is a BIG mistake. Based on the data and not even having reached the 2% goal, I think the danger of increased inflation is too great for the Fed to give inflation any slack in the rope right now. I don't believe there is any reason to cut rates that is better than strong reasons to leave them where they are, or raise them, and cut spending. People will see a cut in rates now as being political. I certainly do. I'm more interested in what is best in general for most Americans, not just Wall Street and the richest business, stock, and property owners. Prices are too high! What we need is a recession to bring about 50% deflation. That is what most people need to have happen, but the richest few definitely don't want that to happen to their assets. They just want to keep inflating for themselves the future catastrophe right now and hoping to push it off on someone else later. No rates cuts with substantial cuts in spending and money printing!

    • @ssuwandi3240
      @ssuwandi3240 6 дней назад

      Technically the inverted yields have unraveled and unemployment has hit the Feds targets and is estimated to get worse

    • @stephenbush7200
      @stephenbush7200 6 дней назад

      Getting worse is necessary for a correction to happen. What must be most strongly protected against is higher inflation as a correction and deflation unfolds. Of all the bad things that can come out of a worsening but necessary situation, for 9 out of 10 Americans, it is higher inflation and a dollar that buys less and less that will be most destructive.. The best defense against that is to leave rates where they are and cut spending.

  • @Lemariecooper
    @Lemariecooper 3 дня назад

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    @jaferica 5 дней назад +1

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