Guess Who Is Going to Steal the Election (or Tank the Economy!) This Time

The Federal Reserve will either tarnishe the November election or depress the market.

According to the Wall Street Journal on Wednesday, “withholding a necessary price reduction could destroy the market and upend Democrats,” while “pulling up Republicans and former president Donald Trump.”

Never mind that higher levels are what keeps prices at a minimum and that we’ve been told for three decades that Bidenomics has created a strong business that sands in the face of 7 % mortgages and 9 % car loans.

The truth is that full-time employment in the private sector is still far below pre-lockdown levels and that work involvement is also declining for the first time in 2019. Although we’ve been in a work crisis for four decades, inflation could still be resurrecting as a result of Washington’s massive prices since 2020 and overregulation since 2021.

What should Fed Chair Jerome Powell do, then?

Let me admit that I do n’t know what the Fed should do. Zero, zilch, zero.

Economically, the Fed is in a damned-if-you-do/damned-if-you-do n’t situation. They’re in one socially, too.

Although picking individual stocks is not particularly dirty, the general market can orient me, which really happened again today. The markets have been clamoring for price comfort ever since the Fed began hurriedly raising interest rates to lower inflation. Another investments, including plain CDs, are more appealing the higher the interest rates, compared to stocks.

Stocks may rise like a balloon held too much underground as soon as the Fed’s rate reduction seemed likely to occur. Except for the fact that there are now a number of reports claiming that the Fed will cut interest rates twice as much as it will now and possibly once more before the end of the year because high interest rates have ultimately choked off enough of the market. &nbsp,

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But what did the property markets do on Thursday? They tanked. Get figure.

But I digress.

Democrats or Republicans can essentially assert that the Fed was trying to influence the vote, regardless of whether it actually did so. Regardless of what the Fed decides to do between then and Election Day. If Powell &amp, Company keep rates the same, Democrats will shriek ( that’s their way ) that the Fed is trying to hurt Kamala Harris. Any reductions may serve as a political aide, not as a compromise.

And those charges did travel, even if the Fed does the exact right issue financially, with veils on regarding the election.

Some fix they’re in, eh? Us, to. &nbsp,

There’s a solution to our politico-economic problem, summed up in three nice little words that please every doubleplusgoodthinking man in Washington…

Close the Fed.

My preferred technique is to take the entire banks out of orbit, which is a tried-and-true method, even though I’m open to suggestions on how to get rid of the Fed as quickly and painlessly as possible.

It’s the only way to be sure. &nbsp,

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