Economic News

Tariff Terror: Fed Sacrifices Jobs on the Altar of Inflation Fear

The Hidden Agenda Behind the Fed’s July Decision

While most Americans were distracted by headlines and partisan noise, the Federal Reserve's Federal Open Market Committee (FOMC) held one of its most telling meetings yet. They voted 9-2 to not cut interest rates—again—marking the fifth consecutive meeting where rates were frozen at a painful 4.25% to 4.5%.

The kicker? They had the data showing the job market was in trouble. July’s numbers were dismal—just 73,000 jobs added, far below projections. And let’s not forget the brutal downward revisions from May and June: a combined loss of 258,000 jobs that magically disappeared after the fact. Yet despite all this, Fed governors like Michelle Bowman and Christopher Waller—who dared to push for a rate cut—were outvoted.

Why? One word: tariffs.

Tariffs: The Convenient Boogeyman

According to the newly released Fed minutes, the committee was more worried about so-called "upside risks to inflation" from tariffs than the very real "downside risk to employment." Translation: They chose inflation theater over human suffering.

Some members claimed the inflation we’re seeing might just be tariff-driven noise. Others argued that price hikes from these tariffs hadn’t even hit consumers yet, due to factors like stockpiling and sluggish contract updates. Still, they pressed pause on rate cuts, fearing inflation ghosts more than the jobless reality staring millions of Americans in the face.

And here's where it gets dirtier.

Related Post

The Fed’s Inflation Hysteria: A Cover for Crony Capitalism?

What the Fed isn’t saying outright is that keeping interest rates high helps the very entities that feed off economic instability—big banks, hedge funds, and the shadow financial system that thrives on volatility. The real risk isn't inflation. It’s control. Tariffs become the perfect scapegoat to justify policies that suppress wage growth, crush small businesses, and keep working Americans dependent on credit systems designed to enslave them.

Fed Chair Jerome Powell, ever the obedient servant of the banking elite, played his part perfectly. Even with inflation appearing to slow in some sectors—like services—the committee fixated on the "possibility" that inflation might tick up, completely ignoring the wreckage on the labor side.

The Real Agenda? Digital Control and Economic Submission

Let’s be honest: this isn’t just about tariffs or inflation. It’s about laying the groundwork for a digital financial prison. Every time the Fed hesitates to ease monetary policy during a labor crunch, they’re signaling that they’d rather see unemployment rise than let inflation threaten their grip on the economy.

It’s the same playbook they’ll use when they roll out FedNow and push for a Central Bank Digital Currency (CBDC). Under the guise of economic stability, they'll track every transaction, freeze dissenters’ accounts, and make your freedom dependent on compliance.

Final Thought: Wake Up Before It’s Too Late

If you're still trusting these unelected technocrats to have your best interests at heart, it's time to wake up. The Federal Reserve just chose phantom inflation over real people’s jobs. That should tell you everything you need to know about who they serve—and it ain’t you.

Download “Seven Steps to Protect Yourself from Bank Failure” by Bill Brocius now before the next meeting locks you out of your own wallet. 

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