rate cuts. Let me show you what I'm referring to. We're going to go right over to

CNBC and oh by the way at the end of this video I'm going to go ahead and

outline the top three myths about the Federal Reserve. And these are things that are just said over and over and over and over and over and over again about the Federal Reserve. they're completely inaccurate, but because they're

said so many times, people don't even question their accuracy.

I can assure you at the end of this video I'm going to piss off a lot of people so stay

tuned for that.

How's that for a cliffhanger?

All right so let's shoot over to see NBC and see what we've got from Jerome

Powell. You start let the cat out of the bag guys. He's showing you his true colors. The truth is

coming out. Bed chair pal says holding rates high for too long could jeopardize economic growth.

Oohhoo. So we've gone from Hawkish, Jerome Powell.

Oh, we're going to keep rates higher for longer.

No, remember, I'm Paul Volker. I'm a reincarnation of Paul Volker. That's right.

And now we've gone more towards, well, we got to start making excuses now because we know we're

going to start dropping rates sooner than later and we don't

want to surprise the market so we have to start kind of planting those seeds now with the mainstream media and we have to justify why we're

going to be dropping rates without admitting there's anything wrong with the

economy of course the economy is strong and resilient,

but we just have to drop rates just, well, you know, just, well, because we're just going to drop rates.

That's what it always boils down to. There's just, they

just can't admit the fact that the U.S. economy, the global economy for that matter, is not running on all

eight cylinders.

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