This confirms what I have been saying for months. The FED, whether because of other agendas or because they are in cohoots with the Biden administration, are using the lies about the strength of the employment situation to make bad policy. Biden in his desire to show continuous prosperity is providing cover for Powell and company to overly tighten monetary policy and lead to a disaster. You can’t tell me that with all their PHD economists and the fact that they follow all of this quoted Wall Street research, the FED isn’t aware that the administrations numbers are total bullshit. So why the hell are they still raising rates? As I have proposed previously, they want a steep recession to be able to better convince the public of the need for a CBDC and the corresponding UBI that will probably be offered as inducement to accept it. They don’t just want people to accept it, they want them to demand it. What other reason could these morons have for relying on the BLS’s BS? Tomorrow’s 25 basis point increase should be the last. Hopefully, the ensuing damage from such a rapid rise in rates over such a short period of time, won’t be as bad as one would expect. If they do come to their senses and say they are going to pause for a while(they probably won’t come out and actually say it) gold and silver should explode higher.                                                                                                                          https://www.zerohedge.com/markets/us-job-opening-far-lower-reported-department-labor-ubs-finds