19th Ward Chicago: Recession On

Wednesday, July 27, 2022

Recession On

Fed Chairman Powell: We're Not Trying to Have a Recession

By Kira Davis | Jul 27, 2022 4:00 PM ET

On Wednesday, Federal Reserve chair Jerome Powell announced a .75% rate hike in an attempt to stave off further inflation.

The Federal Reserve released a statement explaining the move, and preparing consumers for the possibility of more rate hikes ahead. They were sure to sandwich in a little “Putin’s Price Hike” talk to boot.

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This blog is non-monetized and uses photos and materials from other sources. It is in compliance with Fair Use Section 107 of the U.S. Copyright Code. Music, videos and mugshots are for entertainment and disincentive purposes only. Any similarities or resemblances to people or pets, living, dead or imprisoned is just your imagination. Some stories are true, some are fictional while some of the stories are funny.

The theme of this blog has changed. We are now headed into a period of extreme political and economic troubles. We want to increase everyone's awareness and show them how to weather the storm. We are going to begin including articles and videos on prepping (food, water, shelter, medicine, self-defense,) basic economics and general SHTF lifestyle changes.

I am not going to be critical of 19th ward politicians. They tend to do the best job they can with very limited resources, and don't need to be beaten up. In fact, people should be helping them as they are among the last "normal" leaders in Illinois.

I am keeping the 19th Ward Chicago name because of the rich blog history going back to 2010 and because there is a ready-made base of similar-thinking readers. For now on, the 19th Ward of Chicago will be mainly a point of reference, an observation deck if you will. A place where allot of good-natured, normal-thinking people still live and can safely view the dysfunction overtaking America. Write whatever you want about whatever or whomever you want. Just keep it true and not vulgar.

At all times, we am going to comply with Blogspot's community standards. We have seen what happens when there is not such compliance.

We will never publish threats of physical violence or baseless attacks on people or institutions.

Murph III

Wednesday, July 27, 2022

Recession On

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