Rock, Hard Place, and a Broken Compass: The Fed’s 2% Inflation Lie

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The Fed cuts a quarter point, shrugs, and tells America to trust the same priorities that have destroyed 54% of our buying power. Chris breaks down why the 2% target is nonsense, why QE is quietly creeping back, and how Washington’s spending spree—from wars to earmarks to endless bailouts—has pushed us into slow-growth inflation. Three dissents won’t change the fact: mortgage rates aren’t coming down, and the Fed is flying with a faulty dashboard.