The Fed Induced Farce

The Fed has created a dead end street for everyone not in their .1% clientele. They have kept rates too low for far too long and with the 99.9% already experiencing a recession, their desire to raise rates will hit a brick wall of reality. Their easy money schemes to enrich their owners has resulted in the issuance of trillions more in debt by the government, corporations and consumers. The $60 trillion of total credit market debt will implode if rates go up by even 1% or 2%. The corporate titans are now facing huge headwinds, as consumers have nothing left to spend, the strengthening dollar is sapping their profits, and higher interest rates will put an end to the faux housing recovery.

The Fed has destroyed the finances of senior citizens, savers and the pension plans of corporations and local governments with their 0% interest rates. The Wall Street bankers and their Fed puppets can surely see the writing on the wall. They will drive stocks as high as possible so they can cash out before the next collapse. They don’t care about their clients, the middle class, or the future of the country. We’re all muppets to the banking cabal running this morally and financially bankrupt military empire of debt.

1 2 3
View single page >> |
How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.