Easy Money – small dead animals

Peter St Onge- Fed to pay bankers $1.1 Trillion

4 Replies to “Easy Money”

“Too slow” Powell refused to lower the Federal Funds interest rate today. Inflation is far below The Fed’s own expressed “Target rate”. So WHY have they refused to lower the rate? Trump’s Tariffs. The Fed is STILL having a Trump Tariff Tantrum. Nevermind that the Tariffs haven’t budged the needle on inflation. Nope … Powell is smarter than you! Powell’s TDS is off the charts! It’s Canadian-level TDS.

So Powell’s explanation for strangling our economy with usurious interest rates when American families have accrued the highest borrowing and credit card debt on record? Trump’s Tariffs … may … yet … still … cause debilitating inflation. So American families are being eviscerated by debt and outrageous interest rates … while the Bankers get filthy stinking $$$ rich. Oh and BTW … these artificially high interest rates are also being paid by your Federal, State, and Local governments … hence assuring you get FEWER services per tax dollar.

Jerome Powell needs to resign … along with every other leftist CROOK on the Fed Board.

The FED should immediately be dissolved. It is an unnecessary bureaucracy that has historically caused not financial stability, but financially instability and market volatility.

One of the many great things about America these days is that the FED does not deem it necessary to prop up the Trump presidency. So it has shifted to drain liquidity from the economy and that should be encouraging confidence in the $USD. It is a good time to be exchanging canuck pesos for $USD. When leftist dictators are in charge, central banks prop them up which is why the stock market supposedly does better with demoncrap administrations. So the fed and all other central banks should be abolished and interest rates be set by open market trading.