Middle Class America Sinking in Debt- We are at the Keynesian End Game!!
The Atlantis Report
Middle-Class America Sinking in Debt -- -- We Are at The Keynesian End Game !!
Premiered 5 hours ago
The Federal Reserve is keeping interest rates at artificially low rates through their monthly purchases (80 Billion of Treasuries and 40 Billion of Mortgage-Backed Securities).
If and when the FED starts to gradually reduce their monthly purchases, then there should be an increase in interest rates.
The FED knows that they are responsible the surge in equities and real estate. The FED also know that equities and real estate will crash without their continued intervention.
How long will this intervention go on. Your guess is as good as mine. The Fed has one job and one job only. To strip the wealth from the people and concentrate that wealth into the hands of a ruling oligarchy,and they are performing admirably... just look at what has been accomplished since the start of the pandemic...
We are approaching the end game... and that was always going to be messy... Yet the Federal Reserve officials have called inflation transitory.
For The Fed to suggest that inflation won't be a problem is to ignore the reality on the ground.
Inflation is tearing this country apart, it is killing what is left of the middle class.