HYPERINFLATION is the Goal To Usher in a New Monetary System. What Will It Look Like?
- The Money GPS
GET THE 7 CRITICAL TIPS FOR FINANCIAL EDUCATION. SIGN UP FREE: http://themoneygps.com Massive inflation is the proposal it seems with trillions more to be pumped into the economy. Food prices are rising significantly as we see the inflation at this time. More money, cash, debt, entering the system. There is an influx of capital going into the stock market from institutions, money managers, corporations, individual retail investors, all directions. Very low interest rates, mortgage rates increasing prices of everything.
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In a move that Chairman Jerome Powell called a robust updating of Fed policy, the central bank formally agreed to a policy of average inflation targeting. That means it will allow inflation to run moderately above the Fed s 2% goal for some time following periods when it has run below that objective. The changes were codified in a policy blueprint called the Statement on Longer-Run Goals and Monetary Policy Strategy, first adopted in 2012, that has informed the Fed s approach to interest rates and general economic growth.