"I AM ALARMED": Senator Joe Manchin Urges Fed To "Immediately Reassess" Monetary Policy Amidst Growing "Inflation Tax"

For a liberal, he is the most sane one in the bunch.

"Enough For Tapering To Start": Wall Street Reacts To A Blockbuster Jobs Report

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Yeah sure the FED is going to taper....lol...just try it!

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Of all people one might expect to finally blow the whistle on the Federal Reserve, a Democratic Senator may not have been at the top of the list of expectations.

But that's exactly what happened yesterday when U.S. Senator Joe Manchin (D-WV) put out a press release urging the Federal Reserve to "not overheat our economy". The press release included a letter to Fed Chairman Jerome Powell that expressed serious concern about too much quantitative easing and the inflation "tax" that was resulting for middle class America.

"With the recession over and our strong economic recovery well underway, I am increasingly alarmed that the Fed continues to inject record amounts of stimulus into our economy by continuing an emergency level of quantitative easing (QE) with asset purchases of $120 billion per month of Treasury securities and mortgage backed securities," Manchin's letter read.


:cage:


Manchin continued, raising warning flags about inflation:

"The Fed has sustained $120 billion per month in asset purchases since June 2020, despite increasing vaccination rates to combat the virus and additional fiscal stimulus from Congress in the ARP. The record amount of stimulus in the economy has led to the most inflation momentum in 30 years, and our economy has not even fully reopened yet. I am deeply concerned that the continuing stimulus put forth by the Fed, and proposal for additional fiscal stimulus, will lead to our economy overheating and to unavoidable inflation taxes that hard working Americans cannot afford."

The same master plan that crippled Weimar Germany is being used for the USA.

NOW he's alarmed???

The NAZIs came to the USA in 1946 and set up shop. So what is the difference. The NAZIs are all over the CDC/NIH/CIA/DEFENSE/NUCEAR MISSILE DEVELOPMENT, etc. etc. It was called Operation Paper Clip.

The Supreme Court, Senate and House stood by and said nothing as the election was stolen in PA, AZ, MI and GA, so now that Congress is a meaningless functionary to the BIDEN DICTATORSHIP, what makes Manchin, or any other Senator believes he matters?

I guess I am confused on what Congress or the Supreme Court is even for? The COVID STASI is now in charge.

Inflation tax hurts everyone. Middle Class isn't really Middle Class anymore, just the Spend Thrift Class.

Like the poor, they live pay check to pay check, so, inflation hurts them as badly as the poor.

The same master plan that crippled Weimar Germany is being used for the USA.

The NAZIs came to the USA in 1946 and set up shop. So what is the difference. The NAZIs are all over the CDC/NIH/CIA/DEFENSE/NUCEAR MISSILE DEVELOPMENT, etc. etc. It was called Operation Paper Clip.

Who were the nazis that came over? Hint the don't have blond hair and rectangular skulls. There is an inbred group of monsters that always controlled fascism and Marxism. They are one in the same group. Just look at who funded both movements.

And he is commonly the one that can make or break certain agendas... and he is genuine it is not a show.

That being said, he is still a liberal.

Make sure you own property and get gold and silver along with some crypto. Keep some cash too just in case things get hairy.