First time since the 1970s Fed hasn’t cut rates amid rising unemployment. Economic data may be manipulated like in Weimar Germany; real impact felt later.

They will fake the economic data just like they did during Weimar Germany, and you won't know you are in a recession or a depression until you are waiting in the bread lines. It's called "political arithmetic" and it's always used during periods of monetary debasement and rampant… pic.twitter.com/7hgKSCF8QD

— TheRoadtoWiganPier (@RoadtoWiganPier) August 17, 2024