Even Fed’s Powell now admits we're headed into recession

Despite telling the world how the US economy is rock solid and that there’s no sign of a potential recession, now even Jerome Powell is admitting that once again he was wrong.

Following in the path of his claim that inflation was transitory, Powell is now admitting that the US may soon enter a recession. This again seems a bit behind the curve, as most other people on the planet are not concerned about the US potentially entering a recession, but in dealing with the signs that it’s already happened.

The Federal Reserve chairman also had some unusual comments about central bank digital currencies, and how they might be needed to maintain the #dollar’s status as the reserve currency, and to find out more, click to watch today’s show now!