Federal Reserve Calls for Inflation, August 2020
Jackson Hole, Wyoming: The Federal Reserve is changing course. Chairman Jerome Powell indicated the Federal Reserve is willing to allow for inflation to elevate above 2% for some time before raising interest rates. Translation, get used to low interest rates for awhile and the cost of basic goods is going up in price. Here comes inflation.
For those of you who are interested, click on the link below for the official speech and comment from the Federal Reserve Chairman, Jerome Powell.
https://www.federalreserve.gov/newsevents/speech/powell20200827a.htm
Michael Douville is watching and he provides analysis of the situation. Michael has a warning. Beware! Stocks are decoupling from the Economy! Time to buy small rentals for CASH FLOW!!
The Divergence of the Stock Market from the Real Economy does not happen often. When it does, Investors need to take heed. It may be prudent to take profits and transfer Wealth to much more conservative and cash flowing rentals in one of the three great states: Florida, Texas, and ARIZONA.
Check out Michael’s comments below on YouTube.
One of the initial hallmarks of the end times scenario is hyperinflation. Is the Federal Reserve change in financial policy setting the stage for the scenario below?
Revelation 6:5-6 When he opened the third seal, I heard the third living creature say, “Come!” And I looked, and behold, a black horse! And its rider had a pair of scales in his hand. And I heard what seemed to be a voice in the midst of the four living creatures, saying, “A quart of wheat for a denarius, and three quarts of barley for a denarius, and do not harm the oil and wine!”
Jesus has opened the scroll and initiated judgment with a series of seals, trumpets, and bowls. With the opening of the third seal, John speaks of a time when it will cost a day’s wage for food. About 2,000 years ago, a denarius was a day’s wage for labor.
And the rich are not impacted, do not harm the oil and wine!
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