2 Top Fed Officials advocated for more aggressive interest rate...

2 Top Fed Officials advocated for more aggressive interest rate rises at the recent Fed meeting.
They pushed for a 0.5% increase but were overruled. They both want to see interest rates at more than 3% (Currently 0.25% - 0.50%) by Years end due to the Extreme Inflation Concern - At their Highest levels since 1982. As the World still recovers from Covid and now the War in Ukraine. Markets cannot cope with such aggressive Interest Rate Rises. The Geopolitical situation is at it worse since the 2nd World War (1945) We are in a Horrible Situation / Markets will Tank. It’s not a matter of If but when. The Term Recession will be replaced by Depression. It is Time to Position my friends. Please Minimise your Debt!!! Cash / Gold is King!!!
The US $ and Gold will battle as the preferred safe option for awhile. Gold will be the eventual Winner as this is what China & Russia want. They do not want America / the US $ controlling them / the World.
The Economic World Order we have know is Changing.
Sorry for the Doom & Gloom Guys.