Fed's Hammack Warns of Impact from Rising Energy Prices and Their Duration - CNBC | Metals Mine
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Trader#1253
Apr 15, 2026 7:51am
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How come Fed chairs have millions on their bank account? Surely, it's from honest work, right?

Has nothing to do with millionaires donating to them, so they keep inflating the bubble, which makes billionaires even more wealthy while 90% of people keep having less and less.

The reason why the Fed won't hike rates is becuase we would have another depression just like hundred years ago. Therefore, they will keep inflating until the economy falls apart under heavy inflation and job losses. We're heading for depression either way. Greatest wealth transfer. From 90% to 10%.

Don't worry though, the Fed has your back!...

If you are smart enough, you have your own back and are prepared.
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Trader#1253
Apr 15, 2026 7:43am
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Warns of impact from rising energy prices.

Won't hike rates.

Gotta keep inflating.
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