Politics

IMF Suggests Raising Taxes to Pay off the $34 TRILLION US Federal Debt — Says the FED Should Wait to Drop Interest Rates

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Guest Post by: Miriam Judith

The International Monetary Fund (IMF) released a staff report last week, advising the Federal Reserve to wait to cut interest rates and instead suggests that the government raises taxes to combat the out-of-control federal debt.

The globalist-backed report mirrors the Biden Regime’s economic narrative, recommending that the FED hold the line until interest rates dip back down to their set target of 2%. As expected, there is no mention of the destructive policy – the open border, billions in foreign aid, overspending, etc. – and completely ignores the catalyst for the entire mess: the COVID lockdowns.

“Directors commended the authorities for their commitment to price stability and successful disinflation.

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