For four years now Cramer has heard naysayers state that they do not like the Fed meddling in business and want the economy to sink or swim on its own. He has also heard that business has gotten better, and it is now time for the Fed to move.
Cramer thinks those are the same people that will scare investors into only investing in certificates of deposit and be afraid of the stock market.
"Look, I'm not here to judge what you might have done with your money if you were scared out of the market. I'm here to tell you how to use the endless chatter about the Fed to your advantage," Cramer said. (Tweet This)
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Cramer's approach to using the Fed to his advantage is to look at stocks like merchandise on sale at the mall. Every time Yellen confirms that the Fed might actually raise rates, the market sells off. So, think about the stocks that will be most hurt by a rate hike and stocks that sell overseas, because those will be slammed in a sell-off.
Instead, Cramer said to take out a shopping list and buy the stocks of companies that will not be impacted by a rate hike but are put on sale anyway. Cramer's list included biotech, food and high-yielding drug stocks.
So, as an investor, one can either be paralyzed and scared of a rate hike, or they can use it as a sale to pick up high quality companies at great prices.
"Tell me what you would do as a consumer, a shopper, and I'll tell you what you should do as a stock buyer — the exact same thing," Cramer said.