Do these elite bankers even actually realize what is happening out in the real world?
The elites have a long-term plan. By destroying savings, they can buy up all the assets for a fraction of the value.
They want you to save, so your savings can be taken from you.
The elites have a long-term plan. By destroying savings, they can buy up all the assets for a fraction of the value.
They want you to save, so your savings can be taken from you.
Basics economics no longer apply. They are sabotaging the world’s economy.
I thought that 56% of American households were living paycheck-to-paycheck. Where are all these wealthy people?
Interest rates are still far too low to encourage people to invest in debt instruments.
The Vanguard Intermediate Term Bond ETF (BIV) - $12.6 billion under management - invests only in 5-10 year US Treasury debt and investment grade corporate debt.
It pays just 2.30%. And - because bond prices move inversely to increasing interest rates - the BIV share price has crashed from $94 to $74!
Apparently not.
This is not demand driven inflation. Its deficit spending and energy supply driven.These problems are not being addressed. We are doomed.
I can remember when I opened my first bank account as a teenager, the interest on that savings account was somewhere around 10%. Today, banks give you 1% (or significantly less), while they loan that money out at 15-25% via credit cards. What a scam.
The Fed is going to keep raising rates until something breaks.
In other words they want you broke and starving.
Maybe congress could stop spending $4.6 trillion!!!
They can cancel those spending bills and end inflation right away!!