will: the best tradition in television the, the sounds of the national anthem and the images of americans. welcome to fox and friends on this saturday morning on fox square. good morning. rachel: i was at a pro-life event last week and a woman came up to me and said my favorite part of the show is the star-spangled banner, let s had more babies. lawrence: everyone loves americana. has the day off. rachel: we have a lot going on. it is happening. will: i was thinking about the fact you are going to be on the show today, they don t appreciate you are 6 foot to, i don t think they recognize that s not only competitive advantage, it is health risk because you target me and it is like going up against a tights needle at all times. lawrence: you roll last time. will: it is unfair and dangerous. rachel: is how girls feel when transgender guys play. will: that analogy rachel: there is a danger involved but we are happy to have you nonetheless. the president of the united
so in a very short time the poverty rate in venezuela doubled. by 1995, 66% of all venezuelans were impoverished. getting poorer tends to make motors radical so inevitably venezuela got radical politics. you know what happened next, venezuela is now rated one of the most miserable places on planet earth. a few years ago, citizens in caracas were reduced to eating zoo animals. there was no food, for that matter there was no electricity. seven just half a lifetime, an advanced society had returned to the stone age. united states is not in danger of becoming venezuela next week but we are moving closer to it. inflation is a big part of the reason. of all the economic crises a country can face, inflation is the most dangerous. inflation doesn t just make people poorer, it totally destroys their confidence in their leaders, the authorities who issue the now worthless currency they are using for toilet paper. inflation is not an act of god like a drug or hurricane, it is an active
high. plus a funeral procession will take place soon as they demand answers for the killing of one of the arab world s most prominent journalists. announcer: live from cnn center, this is cnn newsroom with rosemary church. thanks for being with us. first time since russia invaded ukraine 11 weeks ago, a russian civilian has been killed on russian soil by ukrainian shelling. report comes from the governor of belgorod just across the border from ukraine s second largest city kharkiv. ukraine won t say whether it s responsible for a series of recent attacks on the region. meanwhile new drone video and satellite images show ukraine has blown up at least two pontoon bridges in luhansk region. russians building them to move farther west in donbas offensive. and ukrainians claim they ve recaptured more villages in the kharkiv region, much of the area still in range of russian artillery fire. in the south, ukraine is offering to swap russian prisoners of war for wounded ukrai
to reassure the public. our banking system is sound and resilient, with strong capital and liquidity. we will continue to closely monitor conditions in the banking system and are prepared to use all of our tools, as needed, to keep it safe and sound. in addition, we are committed to learning the lessons from this episode and to work to prevent events like this from happening again. the key thing here is that the fed can the key thing here is that the fed can actually do two things. the main fed can actually do two things. the main reason the fed was started the main reason the fed was started in the main reason the fed was started in the first place was to provide a more stable banking to provide a more stable banking system and that s what they ve banking system and that s what they ve done over the past work two they ve done over the past work two weeks with silicon valley two weeks with silicon valley banking signature bank and they are there to work on monetary
it s concerned it s concerned many, rather, that even these higher interest rates may be on the horizon for quite some time and inflation is going to stick around. joining me now is madison venture s plus principal and university school of business research fellow, mitch roschelle. thank you for coming on. we don t have february s numbers yet even though it s march so we ll have to rely on the latest data from january, but i want to ask you, you know, we ve sort of been in this posture from the fed for a while, inflation doesn t seem to be going anywhere, but we have the other indicators of resilience. so, are you at all concerned that the fed s soft landing is maybe not as possible as we once thought it was? jacqui, i think we never thought the soft landing was going to be possible and we all thought that the recession was right around the corner, but the recession hasn t started yet and the economy still seems