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Fed Chair: 'PAIN' COMING As They Induce Recession | Breaking Points with Krystal and Saagar

2022-08-29 News & Politics
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Description

Krystal and Saagar scrutinize the comments by Fed Chair Jerome Powell where he conceded that some pain would be coming due to the Fed's fight against inflation causing a recession To become a Breaking Points Premium Member and watch/listen to the show uncut and 1 hour early visit: https://breakingpoints.supercast.com/ To listen to Breaking Points as a podcast, check them out on Apple and Spotify Apple: https://podcasts.apple.com/us/podcast/breaking-points-with-krystal-and-saagar/id1570045623 Spotify: https://open.spotify.com/show/4Kbsy61zJSzPxNZZ3PKbXl Merch: https://breaking-points.myshopify.com/ Tickets: https://www.ticketmaster.com/event/0E005CD6DBFF6D47 Bradley Moss: https://markzaid.com/

Top Comments (10)

@mr-yeah 2022-08-29

this will be our third "once in a lifetime" recession - _ -

258 13 replies
@LuigiTrapanese 2022-08-29

When we said that covid lockdown (that justified the printing of TTTTRILLIONS of dollars) would cause economic pain in the long run while bringing little to no effect with covid mortality, we were labeled as unsensitive and grandma killers. When we said that the inflation wasn't transitory, we were told that we were wrong We are not witnessing an economic downturn. We are witnessing a controlled demolition of small businesses in favor of corporate consolidation

230 49 replies
@victoriaman117 2022-08-29

“It’s transitory” is the new “two weeks to flatten the curve”

134 2 replies
@joe.oneill 2022-08-29

There is no recession coming. We've been in a recession for a couple of months now.

54 4 replies
@jondavis2206 2022-08-29

Oh, as a taxpayer I guess I can speak for all the "little people" We don't mind losing our job, our house and everything we have worked for, as long as the government can continue to line their own pockets and send trillions overseas............ That is what is happening I do believe.

46 7 replies
@Me-sf8zq 2022-08-29

Lowering wages and transfering the “pain” to the poors isn’t a bug, it’s a feature

46 3 replies
@stephenbailey9969 2022-08-29

The Fed: "Workers are making too much money. Time to squeeze them."

11
@Donttreadonme2024 2022-08-29

Kind of hilarious that Student debt forgiveness is popular, but fears of inflation are high. That kind of shit gave us inflation

6
@PepeToTheMooon 2022-08-29

September is going to be brutal

4
@robes34 2022-08-29

I thought the pain had started a while back... Lol

2

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