First published by Money Metals Exchange here:
https://www.moneymetals.com/news/2022/06/20/economy-headed-for-a-hard-landing-002548
The U.S. economy appears headed for a hard landing. After months of ignoring the steadily growing inflation problem, the Federal Reserve is now using monetary blunt force to try to rein in rising prices. Fed policymakers have effectively decided that inflation is so out of hand, they are willing to induce an economic slowdown that will reduce aggregate demand for goods and services.
