Federal Reserve Plans to Cause Unemployment and Reduce Demand; Texas Designates Cartels as Terrorists
The Federal Reserve is planning to cause unemployment in the United States with 4.4 percent interest rates by the end of the year, in a bid to reduce inflation. Fed Chair Jerome Powell said, \u201cThere will very likely be some softening of labor market conditions,\u201d due to the planned actions of the Fed, which is forecasting that 1.2 million Americans will lose their jobs. The move to cause unemployment is being pushed to reduce spending, which the Fed believes will reduce \u201cdemand\u201d and force companies to reduce prices of goods.
Meanwhile, Texas Gov. Greg Abbott has officially designated the Mexican drug cartels as terrorist organizations over their export of the deadly drug fentanyl into the United States. Abbott is also calling on President Joe Biden to follow with a similar designation on the cartels at the federal level.
In this live Q&A with Crossroads host Joshua Philipp, we\u2019ll discuss these stories and others, and answer questions from the audience.
\u2b55\ufe0f Stay up-to-date with Josh with the Crossroads NEWSLETTER\U0001f449 https://ept.ms/CrossroadsNewsletter
\u2b55\ufe0f Support our fight for the truth\U0001f449 https://donorbox.org/crossroads