The Direction of the Economy and the Responsibility It Has Created for Us

Vahid Chaychi

4 years ago

Yesterday, the Federal Reserve increased the interest rate again, from 4.75% to 5.00%. Increasing the interest rate is the fastest and strongest remedy to control and decrease inflation. During the past several months, the United States has been increasing the interest rate constantly to lower the inflation. They have been trying to lower the inflation from 6% to 2%. However, it is so strange that increasing the interest rate hasn’t been able to do this, and so the inflation is still high. Surprisingly, the remedy hasn’t worked.

After increasing the interest rate from 4.75% to 5.00%, the Federal Reserve chairman, Jerome Powell, had a press conference at 2:30pm EST yesterday. These press conferences are known as “FOMC Press Conference”. Usually, I follow it lively while I also watch the S&P 500 market to see how the American stock market reacts to what the FED chairman says. Yesterday was another special day because the FED chairman press conference was after increasing the interest rate. First, he read the FOMC Statement that explains about the situation of the economy of the country, and also explains why they decided to increase the interest rate again. Then, the FED chairman answers the questions.

He said they won’t increase the interest rate anymore because it is inappropriate to do it (they have already increased it a lot). But, I think a more precise explanation is, they won’t increase the interest rate because it hasn’t worked during the past several months that they have been increasing it constantly. While they have increased the interest rate, the inflation has kept going up!!!

Would you like to know why increasing the interest rate hasn’t been able to lower the inflation???

As I mentioned, increasing the interest rate is the fastest and strongest remedy to lower inflation. But, why hasn’t it worked this time???

It is because some people wanted and still want the inflation to be high. The 20-second video below explains who wants the inflation to be high:

This happened on Jan 24, 2022. It is not new, and so it explains why increasing the interest rate hasn’t worked since last year. The Fox news reporter asks:

– Do you think inflation is a political liability after the mid-term?

And the president whispers something while he doesn’t know that the mic is still on and what he says can be heard. He says,

No, it is a great asset (he means, inflation is not a political liability unlike what the reporter said. It is a great asset). More inflation! What a stupid SOB!

So, he is clearly saying that they want to have more inflation. Now you know why increasing the interest rate hasn’t worked. It was just a game that didn’t work this time because they didn’t want it to work.

I won’t go into details of this because I don’t want to make this article focused on politics. I finish this part of the article with the sentence below, and then I will tell you what Russia and China are doing while the US administration wants more inflation for the United States. Here is the sentence that I hated to say but I have to: No enemy could do what the current US administration has done to the United States during the past two years!!!

So, what have other countries that are known not only as the enemies of the United States, but also the enemies of humanity been doing?

Russia invaded Ukraine over a year ago. Everyone expects a country that is involved in a war to develop economic problems and have their inflation increased, especially because in the case of Russia, they lost the income they had through selling gas, oil and steel to Europe. The World Bank had predicted the Russia economy to experience at least a 12% shrinkage during 2022. However, 12% became only 2% in reality. Russia also increased the interest rate and this caused the value of their currency to remain intact and not to go down. It means, increasing the interest rate worked in Russia while it didn’t work in the United States. On the other hand, sanctions didn’t work against Russia. Europe and many other countries stopped buying oil, gas and steel from Russia. However, this caused a significant decrease in supply in the market that ended the price appreciation that worked for Russia because they could make a lot more money through selling these products to other countries. Everyone expected the Russia trade balance to become negative. But it didn’t happen.

So, here’s what we have:

1. Using their biological weapon, China killed over 1.4 million Americans, including 500,000 American skilled and needed work-force. Yesterday, the Federal Reserve chairman, Jerome Powell, emphasized again that employment is still a huge problem in the United States because of this (I talked about this several days ago here). American companies have a hard time finding the skills they need. Many of them are losing money on this through different ways.

2. The US administration is also working hand in hand with Russia and China to destroy the United States’ economy even more. You saw enough proof above. At the same time, they are destroying the only serious enemy of China and Russia, in a way that he cannot get in the White House again, just to make sure that the above projects will be continued.

Are 331.9 million Americans aware of these???

I don’t know. All I can say is, I am sorry. I love the United States and I will do anything I can to support them, although I am not a US citizen. All countries and people of the world owe the United States a lot. I don’t want to see that it is going down. Please wake up your people!

What can we do?

We must keep working as hard as we can to collect wealth for our community to discourage the enemies of humanity. This is what we must do at whatever it takes. This should be our only mission for the next several years and decades. I won’t stop supporting Americans and humanity. But I expect them to support me in this project too. This is to save humanity and our planet. Let’s do this!

We achieve our goals, not immediately, but slowly, surely and definitely!

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