Published Sep 17, 2026, 12:15 PM ET · Updated 2 months ago · 1 source
Federal Reserve's interest rate hike signals impending economic disaster due to inflation
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Original Report
The Federal Reserve's recent 25 basis point interest rate hike to 3.75-4% is a signal of an impending economic disaster due to inflation, which is primarily attributed to the money supply (M2) growing too rapidly at 7.9% annually, significantly exceeding the 6% rate consistent with a 2% inflation target.