PSA: You are being lied to (repeatedly)…

Federal Reserve

1. Mar 2020: Inflation won’t be a problem

2. Jan 2021: Inflation is “transitory”

3. Sept 2021: Interest rates won’t rise until 2024

4. Jan 2022: Recession is needed to lower inflation

5. Dec 2022: Disinflation has begun

6. Feb 2023: A “soft landing” is possible

7. Mar 2023: Banking system is “stable”

8. Sept 2023: Inflation won't hit 2% until 2025