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All the markets seem to be in a holding pattern awaiting the 2:00pm announcement by the FED puppet Jerome Powell… by silverd510

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· @silverd510 · (edited)
$10.05
All the markets seem to be in a holding pattern awaiting the 2:00pm announcement by the FED puppet Jerome Powell…
Afternoon everyone….

Well the markets seem to be flying in a holding pattern right now. A little up and little down, like a plane waiting to land.

While 3/4% is anticipated, there has been a slight wrinkle to this meeting and it’s input. Governor Michael Barr and regional president Lorie Logan of Dallas and Susan Collins of Boston are in attendance. This will be their first SEP and dot plot meeting, meaning we don’t know if they are on board with what plans were already discussed. 

So I guess 2pm we will find out the plan from the cartoon character Jerome Powell.<br><br>
![8ABB277F67C641FCAF81D5DC5213799E.jpeg](https://i.imgur.com/CuDf0U0.jpg)

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@bitcoinman ·
$0.09
What a shit show, we living in some wild times precious metals are going to be a good haven Russia and China plotting on the dollar 
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@ijatz · (edited)
$0.08
Thanks for sharing that cartooned J. Powell, @silverd510 😊.

Do you believe he's actually got any Powell (hehe) in this whole story? Just like in the European Union, the era of Central Banks that tried to remain somewhat autonomous from political interests seems to have passed away around 20 years ago. 

Joseph hoping to limit the mid-term elections damage could push the Fed to make Ponzi fiat dollars rain again in October...
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@silverd510 ·
$0.10
He’s just the puppet for the FED.
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@geneeverett ·
Exactly right he just reads the scripts! He’s a puppet indeed.
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@thefed ·
Not a chance they pivot that soon, we going to 5% rates 90% certainty.  I’d assume a .50 instead of .75 next time before election then another .50 and then a couple .25’s early 2023.  The main thing to watch is balance sheet but rates wise they won’t get to real positive rates. Inflation at 6% maybe by then and rates 5% still fakery as @waveshaper commented on previous post https://hive.blog/hive-167922/@silverd510/markets-awaiting-wednesdays-announcement-at-the-fomc-meeting#comments  but she thinks 4.5% is the max they go. I believe they will hit 5% and they know exactly what it means. They are going to come out with the CBDC and claim to save us.  If they wanted to really fight inflation they need 10% plus rate which isn’t happening.  It’s a huge fake bubble and there is no solution. Pain incoming unfortunately and it is going to be worse then most believe.
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@ijatz · (edited)
Thanks a lot for your insights, dear Jerome @thefed
 
Yes, I agree that the "deep move" here is an intentional one, from both the U.S. exo-government and the Fed: to publicly display months long "efforts" (possibly up to 18 months) to keep inflation under control - fake inflation figures there too, [as John Williams reminds us](http://www.shadowstats.com/alternate_data/inflation-charts) - it's currently much closer to 20% than to 10%. That inflation being essentially the outcome of broken supply and overinflated fiat injections, that no interest rate hike can soften, those institutions will eventually, as you point out, exhibit the Fed CBDC / panopticoin as the rescue tool.

Nevertheless, I have faith in the old Hölderlin's phrase [in his « Patmos » poem](https://www.poemhunter.com/poem/patmos/): « where there is danger,
a rescuing element grows as well »: such a context can boost a blockchain and cryptos’ return to their roots, first and foremost as electronic peer-to-peer cash – i.e., as privacy protective and fungible as cash is. It’s most probably no coincidence that in the whole debate around which cryptos are not securities, the only one that media outlets mention is BTC – one of the few ones that is not privacy-oriented (at least not enough), and can be tracked. No reference to Monero, Dash, Pirate Coin, etc. There’s a whole world to dig in, of cryptos having been set up as currencies instead of « assets » or « investments », and Hive is the perfect place to discover them.  
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@kerrislravenhill ·
$0.09
RE: All the markets seem to be in a holding pattern awaiting the 2:00pm announcement by the FED puppet Jerome Powell…
https://media.giphy.com/media/jPGWvQM7IKGTYz67Jf/giphy.gif
### Then were doomed! Unless, you got PMs & Crypto. ###

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@kerrislravenhill/re-silverd510-3khcjv)
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@silverd510 ·
$0.04
Got em’
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@oasiskp2 ·
Lets wait and see what the hell will happen.
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@ssg-community ·
You received an upvote of 100% from Precious the Silver Mermaid!

Thank you for contributing more great content to the #SilverGoldStackers tag.
You have created a Precious Gem! https://images.hive.blog/DQmT7RQqkpjXrjR43HZgPkPghGxUYDHPu7A68diYnmgbB64/round_gem.png
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@temileke ·
RE: All the markets seem to be in a holding pattern awaiting the 2:00pm announcement by the FED puppet Jerome Powell…
Well time will tell how the market will play out 

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@thefed ·
$0.07
You can trust us :)
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@thefed ·
Mind if I steal this for profile background? :) 


![FA625CBC-3F12-47BF-937F-74C5B98E7290.jpeg](https://images.hive.blog/DQmap2dgtgmqC7x63j6cn5DkK3B1KAqvp1gXQ8qLfKpRfer/FA625CBC-3F12-47BF-937F-74C5B98E7290.jpeg)
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@silverd510 ·
Sure
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