The Fed’s Magic 8-Ball Economics: Dumpster Fire Edition

The Fed’s brilliant idea to fight inflation by raising interest rates has turned into a double-edged sword. Businesses, already struggling with higher costs, are now cutting back because they can’t afford to borrow money. Loans are more expensive, so hiring slows down, investments dry up, and the first thing to go? Jobs. People are losing their livelihoods left and right, and those lucky enough to still have a job are finding themselves stuck in a constant hustle just to survive. But don’t worry—the Fed’s got this. By tightening the screws on the economy, they’ve managed to create a situation where unemployment is rising, inflation is still hurting everyone, and somehow we’re supposed to believe this is all part of the master plan. As companies buckle under the pressure of higher interest rates and lower consumer spending, they’re slashing jobs like it’s nobody’s business. The result? An entire generation of workers scraping by with part-time gigs, no benefits, and no stability. Because who needs a stable job when you can work three part-time shifts at three different places just to pay rent? So, here we are, watching the Fed’s policies slowly squeeze the life out of the job market, while the cost of living continues to soar. People are losing jobs, wages aren’t keeping up, and the ones who still have work are burning out. The American Dream? More like the American Hustle—thanks to the Federal Reserve’s never-ending loop of economic blunders. For years, thanks to Federal Reserve policies, companies enjoyed low-interest rates, borrowing money for next to nothing. Why wouldn’t they? Debt was cheap, and for many businesses, it seemed like a never-ending supply of easy cash. These companies, many of which could barely cover their basic expenses, were able to keep the lights on because they could roll over their debt at rock-bottom rates. This gave rise to the phenomenon of "zombie corporations"—companies that are alive in name but surviving only by constantly borrowing more money to pay off old debt. But now, the good times are over. ### The Zombie Plague: Why Are Companies Dying?