ilmscore | Prediction Details
"Which means the United States government is spending almost $2 trillion that they don't have in 2024 to stimulate the economy, to stimulate markets, which is interesting because normally you do that during a time where you are in a down economy, right? We stimulated in 2020 because we were in a recession. We stimulated in 2008 because we were in a recession. We stimulated in 2001 because we were in a recession. But in 2024, we're supposedly the strongest economy of all time. Yet, we keep stimulating the strong economy. And this is where Jerome Powell says we might have a problem."
By Minority Mindset | December 10, 2024 | Pending
From video
The Fed Is Ignoring Their Own Economic Warnings 00:04:31 - 00:05:00
Interpreted Prediction
The US government is spending nearly $2 trillion in 2024 to stimulate the economy, which Powell finds concerning given the economy's supposed strength, contrasting it with past stimulus measures during recessions.

Prediction Details

Topic
US Stimulus

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