Powell Says Opening the Economy Too Soon Will Cause COVID Spike

Posted by Micah Miller on

In a recent interview with Washington Post and Jerome Powell, Federal Reserve Chairman, he says that reopening the economy too soon could cause a spike in COVID and cause more economic issues from more lockdowns.

I personally believe that the Fed is just looking to create more currency and increase inflation to show "growth." The less people work and the more currency that is created, the more "growth" they will have, which then can be announced as a victory for the Fed chairman.

If you are in precious metals, you know that the federal reserve is the one causing problems, rather than finding solutions for them.

I encourage you to take notice to the double speak displayed throughout Powell's interviews.

You can read the article from Washington Post here.


Leave a comment

Please note, comments must be approved before they are published