One of the Two Most Powerful Fed Officials Just Issued an Inflation Decree

Phoenix Capital Research's picture

The Fed is no longer even trying to hide the fact that it WANTS inflation.

In the last month, the Fed has attempted to feign ignorance about the true nature of inflation. Fed Chair Janet Yellen even went so far as to claim the Fed doesn’t “fully understand” inflation during a Q&A session in September.

The Fed “understands” inflation just fine, it just chooses to feign ignorance so it can maintain a “gosh, we didn’t know!” attitude about the coming inflationary storm.

Enter Chicago Fed President Charles Evans.

Evans, along with NY Fed President William Dudley, is the real “power behind the throne” for the Federal Reserve. Like Dudley, Evans is in charge of a branch of the Fed that is associated with one of the major financial centers of the US. In other words, he is a Fed President with close ties to the financial firms that call the shots for the US financial system.

This allows Evans to speak more bluntly than most Fed President. And when he talks, you know he is doing so with the full backing of the Chicago financial elite.

With that in mind, consider Evans’ recent statement on inflation.

Fed's Evans: An increase in U.S. inflation is a priority

Chicago Federal Reserve Bank President Charles Evans said on Friday that the U.S. central bank’s priority must be to get inflation back to its 2 percent target…

The first order thing for policy right now is to get inflation up to our objective,” Evans said at a financial literacy event in Green Bay, Wisconsin.

            Source: Reuters

As we’ve already noted, the Fed is well aware that inflation is already well above its 2% target. But with the US financial system sporting some $60 trillion in debt total (including all sectors of the economy) the Fed has no choice but to keep "papering over" these debts. Small wonder then that even the Fed's own "sticky inflation" measure has been rising steadily since 2010 and is already clocking in well over 2%.

Put simply, BIG INFLATION is the THE BIG MONEY trend today. And smart investors will use it to generate literal fortunes.

We just published a Special Investment Report concerning FIVE secret investments you can use to make inflation pay you as it rips through the financial system in the months ahead.

The report is titled Survive the Inflationary Storm. And it explains in very simply terms how to make inflation PAY YOU.

We are making just 100 copies available to the public.

To pick up yours, swing by:

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research



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Gophamet's picture

Just another example of how rewards are doled out to the unaccountables and the fuck ups. These mutts are no more than legends in their own pants! Most unfortunate that the US and most other nations are run by jellyfish and and the sheep are unaware of the financial slaughterhouse.

Gophamet's picture

Just another example of how rewards are doled out to the unaccountables and the fuck ups. These mutts are no more than legends in their own pants! Most unfortunate that the US and most other nations are run by jellyfish and and the sheep are unaware of the financial slaughterhouse.

Sorry_about_Dresden's picture

No one mentions the Vice Chair Stanley Fischer who served as governor of the Bank of Israel from 2005 to 2013. he is the real power, serving tptb. They don't even try to hide it!

Look it up, not making this chit up!

JailBanksters's picture

I don't think any of these of people would even know what a Fire was even if

their Pants or Panties were on Fire.

I doubt any of them actually go shopping, or buy fuel for their Cars, they will pay somebody to buy it for them.

The White House gets their Intel from CNN, and the Club FED will get their Economic

Info from the Jew York Times.

MGA_1's picture

Thanks Graham - inflation won't be a concern anytime soon...

cheech_wizard's picture

A package of Oreo's is now down to 14.3 oz. and they jacked the price.

That's 36 cookies... The older one lb. package contained 45 cookies...

Standard Disclaimer: It's enough to make one want to burn the fucking Federal Reserve to the ground.


Oh just great, here comes $10.00 for a gallon of milk, how about those tax increases on the value of everything inflatable! Giddy Up!  As long as these vultures exist you and I will be picked piece by piece off this carcus. 

LawsofPhysics's picture

thanks to the SNAP program you still pay the $2 and the Fed prints up the $8 for you...

See how that works?

"Full Faith and Credit"

cynicalskeptic's picture

major metro areas are showing higher inflation in the Chapwood index than Shadow Stats.    We are so f**ked - but then it's easy to pay off trillions in debt and obligations when infltion is high enough.... problem is that a loaf of bread will becosting a few million of those inflated dollars.

I wonder how closely the Fed will be following Zimbabwe's model?

Clowns on Acid's picture

Methinks that the real impact of Dudley's statement is that the Fed will not accept with DEFLATION. As long as they keep the sheep thinking that the Fed wants MOAR inflation.... 2% or 3 % is fine...The Fed can print as much as needed without destroying USD value at 2 or 3 %.  

cynicalskeptic's picture

WHY on earth does everyone keep saying 2-3% inflation when it's runing at 8-10% ?????

LawsofPhysics's picture

The Fed has already printed enough to increase the FRN supply by 16x. The vast majority of that money has NOT made it to main street, although a lot of fuckers in banking and finance HAVE increased their wealth by simply pushing it around!

"Full Faith and Credit"

EX-floor hedger's picture

the Fed members are shitting in their collective knickers that this economy is about to go into a death roll of Stagflation, remember stagflation from the late 1970's???? High interest rates and an economy that is stuck in the mire & muck....

LawsofPhysics's picture

LOL!!!  Sure sure. There is already plenty of inflation...

...just imagine of all that Fed money, actually made it from central bank balance sheets to main street...

..something like 1,500 % increase in prices...

Perception management to keep the proles in line...

"Full Faith and Credit"

Chupacabra-322's picture

Hell, I was under he impression we exported our inflation.

You mean it’s being imported now?

cynicalskeptic's picture

At some point when the rest of the world doesn't believe in the $US and wants to dump them there will be a tsunami of $$$$ coming back to the US as foreigners seek to replace paper $$ with tangible assets.  Wehn the Chinese can't use $$$ to buy Australian mining companies and African farmland, they will be buying up ANYTHING nd EVERYTHING in the US - Iowa farmland, NY office buildings, shares of US companies....   they'll pay anything to get tangible assets instead of getting stuck with worthless paper.....   and guess where US citizens are going to end up under such a scenario?

The world has never seen the amount of money held overseas in $US come rushing back to one nation......   

Son of Captain Nemo's picture


I got on this thread just to "up arrow" your comment!

For those still paying attention it goes to show how many of U.S. AREN'T!!!