First published at 20:37 UTC on April 26th, 2024.
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✅ Secure & Preserve your future against market & government unpredictability. Visit https://colonialmetalsgroup.com/rtd or call 888-521-2448 to speak with someone today. Special offer: You’ll receive a safe and up to $10,000 in free silver from Colonial Metals Group.
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1. (AWAKENING) Unlock the Power of Knowledge: Test your Dollar IQ and see where you stand. https://www.rethinkingthedollar.com/quiz
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In the first quarter of 2024, the U.S. GDP experienced a startling decline to just 1.6%, significantly lower than previous quarters and raising alarms about potential economic instability as we approach the 2024 presidential election. This video dives into the complex dynamics of slowing economic growth coupled with rising inflation rates, a combination that could lead the country into stagflation. We'll explore the components that contributed to the GDP figures, including consumer spending, housing investment, and inventory investments, and discuss the Federal Reserve's possible responses to these challenging economic conditions.
Moreover, the inflation scenario is worsening, with the GDP Deflator hitting 3.1% and core PCE rising to 3.7%, exceeding expectations and previous quarters. This analysis will also consider the political implications of these economic conditions and what it could mean for monetary policy ahead of the next election cycle. Whether you're a student of economics, a professional in finance, or simply a concerned citizen, this video will provide you with a clear understanding of the current economic landscape and its potential impacts on everyday life and future polic..
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