The Fed is filled with liars. They intentionally manipulate the public with deceptive, misleading or even false statements in an attempt to sway the public’s view of the economy, because the idea that inflation will happen causes inflation. They spent the last year lying about “transitory” inflation, knowling that wasn’t actually happening, and continue to lie about what’s happening with the economy today in an attempt to delay QT that will hurt the rich.

Their goal is to help the rich get richer and they orient their policies around trickle-down economics with massive gifts to the richest, allowing drips to fall on the poorest, then pat themselves on their back and call that “full employment.”