{"id":49490,"date":"2019-11-08T15:09:10","date_gmt":"2019-11-08T20:09:10","guid":{"rendered":"https:\/\/olduvai.ca\/?p=49490"},"modified":"2019-11-08T15:09:18","modified_gmt":"2019-11-08T20:09:18","slug":"the-feds-dilemma-is-our-problem","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=49490","title":{"rendered":"The Fed\u2019s Dilemma Is Our Problem!"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\"><a href=\"https:\/\/www.theburningplatform.com\/2019\/11\/07\/the-feds-dilemma-is-our-problem\/\">The Fed\u2019s Dilemma Is Our Problem!<\/a><\/h3>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"alignleft\"><a href=\"https:\/\/milleronthemoney.com\/the-feds-dilemma-is-our-problem\/\"><img decoding=\"async\" src=\"https:\/\/milleronthemoney.com\/wp-content\/uploads\/2019\/10\/dilemmasign-281x300.jpg\" alt=\"A road sign showing two arrows leading in different directions and a label below that says dilemma\" class=\"wp-image-5542\"\/><\/a><\/figure><\/div>\n\n\n\n<p>Pundit Bill Bonner&nbsp;<a href=\"https:\/\/bonnerandpartners.com\/what-to-do-when-inflation-hits-the-economy-soon\/\" target=\"_blank\" rel=\"noreferrer noopener\">predicts<\/a>:<\/p>\n\n\n\n<p>\u201cMost likely, the stock market will crash sometime before the 2020 election. We can\u2019t know when.<\/p>\n\n\n\n<p>\u2026. The end of the stock market boom, too, is unpredictable. But each passing day brings us a day closer to when it will crash and burn.\u201d<\/p>\n\n\n\n<p>Bonner\u2019s prediction is in line with our 2017 article,&nbsp;<a href=\"https:\/\/milleronthemoney.com\/economic-showdown-looming\/\">\u201cAn Economic Showdown Is Looming\u201d<\/a>. I suggested the Fed, part of the deep state, was setting up President Trump to be another Herbert Hoover. The deep state wants the market to crash so they can crush capitalism and further consolidate federal government control.<\/p>\n\n\n\n<p>Fed Chair Yellen announced the Fed would begin raising rates in 2015. After one early increase and she held off until after the election. Despite Ms. Yellen\u2019s vehement objections to the politics of holding off on rate increases before the election, it sure looked political.<\/p>\n\n\n\n<p><a href=\"https:\/\/money.cnn.com\/2017\/01\/18\/news\/economy\/janet-yellen-speech-january\/\" target=\"_blank\" rel=\"noreferrer noopener\">CNN Money<\/a>&nbsp;reports:<\/p>\n\n\n\n<p><strong>\u201c<em>Federal Reserve Chair Janet Yellen gave the U.S. economy a nearly clean bill of health, two days before Donald Trump arrives at the White House.<\/em><\/strong>(Emphasis mine)<\/p>\n\n\n\n<p>\u201cNow, it\u2019s fair to say, the economy is near maximum employment and inflation is moving toward our goal.\u201d<\/p>\n\n\n\n<p>CNBC&nbsp;<a href=\"https:\/\/www.cnbc.com\/2017\/06\/27\/yellen-banks-very-much-stronger-another-financial-crisis-not-likely-in-our-lifetime.html\" target=\"_blank\" rel=\"noreferrer noopener\">quoted<\/a>&nbsp;Ms. Yellen:<\/p>\n\n\n\n<p>\u201cWould I say there will never, ever be another financial crisis? \u2026. That would be going too far but I do think we\u2019re much safer and I hope that it will not be in our lifetimes and I don\u2019t believe it will be.\u201d<\/p>\n\n\n\n<p>In 2018, the Atlantic Article,&nbsp;<a href=\"https:\/\/www.theatlantic.com\/politics\/archive\/2018\/10\/federal-reserve-chair-jerome-powell-ignoring-trump\/572110\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u201cThe Federal Reserve Chair Is Ignoring President Trump\u201d<\/a>, Fed chairman Powell reassured us:<\/p>\n\n\n\n<p>\u201cNot every business cycle is going to last forever, but no reason to believe this cycle can\u2019t go on for quite some time, effectively indefinitely.\u201d<\/p>\n\n\n\n<p><strong><em>The underlying Fed message \u2013 Bush broke it, Obama fixed it, and now Trump is responsible.<\/em><\/strong><\/p>\n\n\n\n<p>&nbsp;\u2026click on the above link to read the rest of the article\u2026<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Fed\u2019s Dilemma Is Our Problem! Pundit Bill Bonner&nbsp;predicts: \u201cMost likely, the stock market will crash sometime before the 2020 election. We can\u2019t know when. \u2026. The end of the stock market boom, too, is unpredictable. But each passing day brings us a day closer to when it will crash and burn.\u201d Bonner\u2019s prediction is [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[122,27524,7844,303,16888,5856],"class_list":["post-49490","post","type-post","status-publish","format-standard","hentry","category-economics","tag-central-bank","tag-dennis-miller","tag-donald-trump","tag-fed","tag-jerome-powell","tag-the-burning-platform"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/49490","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=49490"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/49490\/revisions"}],"predecessor-version":[{"id":49491,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/49490\/revisions\/49491"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49490"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49490"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49490"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}