Former Deputy Assistant Treasury Secretary Christine McDaniel argues the Fed needs to get control of inflation as recession fears rise and discusses the Senate chip bill.
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Of course this will mean recession..like they will admit all the wrongs this criminal administration has done to America. They lie when they speak.
This bill is an attempt to thwart China control of semiconductor production.
we need a recession …. what, **you want hyper inflation instead?** come on …
The problem is China steals all the new tech as fast as the money is invested to create it. How about holding them accountable for stealing tech.
How short the memories become. Chips need to be designed and produce in the US. Remember the pandemic chip shortage?
You mean a recession & depression happening right now.
Yes, since we're in a recession I'd say it's very likely we'll be in a recession.
You may not have noticed inflation in years past, But 8%+ inflation over the past year should've taught you that the cost of living on earth increases every year (home prices, rent, groceries, plane tickets, home repairs, etc.) Only way to beat inflation is by investing your money.
It Is the Right policy for the Pelosi family fortune.
It seems like they want abortions to get rid of mankind and then the chips will be for robots probably solar maybe the robots will be so intelligent they will get rid of mankind Democrats and you know what happened to that other guy that had a dream that is why it's better to have a vision just another one of my opinions
Dagan babylicious
Reagan's right !
A recession is when your nayba loses his job
A depression is when you lose yours
Thank you very much
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Christine looks like a nerd. What woman has ever managed money well??? Janet Yellin is a disaster and Fox having another woman telling us about economics is so freakin funny.
The sad thing about inflation is that even when you get it under control the damage is done. Those prices never go back down and then I startled at how some investors made millions from this downturn economy. I was wondering if such success rate could be achieved in this present market?
China Joe Biden is destroying America 💥🤬💥🤬💥🤬💥
"According to the new definition, which I made up while in the bathroom, there is no recession" FJB
Carpenters, plumbers, electricians, drywallers, brickies. HVAC ppl, roofers, excavators, concrete workers: REMEMBER THAT BIG BAILOUT U GOT WHEN THE HOUSING MKT IMPLODED?
Yeah, neither do I.
Still voting democratic???
You should ask the Republican voting for this chip bill if they bought shares before it pass. They are in the same boat as Nancy Pelosi insider trading
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Republicans are losing thier minds wth
Its a coin toss you have a 50% chance of being right
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We don't have a taxing problem.
We have a spending problem.
Powell and Yellen are two bimbos, chosen by Biden, who is not the brightest bulb in the string, himself..
They are just lying, and we ARE IN THE THICK OF THE RECESSION…..caused by the China trade wars, and Russia sanctions….
The SOLUTION is just to lift them, and reverse course, but due to pride, and politics, the US won't do it…..even if it collapses their economy…
What inflation? I just bought a house for $720k while the asking price was $845k
Zzzzzzz
Thank you very much
joe's incredible transition defined: From prosperity to hardship, From freedom to lockdowns, From health to manufactured virus and scam vaccines, From fuel independence to $5 a gallon and rising, From food abundance to food shortages, from farmers and heartland to corporate and foreign takeover of farmland and food supply, From boarder security and a wall, to open borders and an invasion of millions of violent illegals and drugs entering daily, from education to indoctrination, From don't ask don't tell to in your face debauchery and the exploitation of children.. From the American dream to the American nightmare as homelessness, drugs, violence, runs amuck. From educated, articulate, representation to whatever the hell he's getting to fill these key positions. He's an inept, demented, washout, who has killed millions of Americans, destroyed a roaring economy and hired the most incompetent clan of degenerates and morons we have ever had enter the white house doors… this all has to end… it's a coup/deliberate sabotage!