Age of Easy Money
Submitted by gjohnsit on Sun, 09/03/2023 - 4:33pmThis was an excellent documentary. So I decided to find charts that show how this happened.
This was an excellent documentary. So I decided to find charts that show how this happened.
The Federal Reserve has not had an operating loss since 1915. However, that more than a century-long streak came to an end this year.
Republicans have been hammering the Democrats because of the current price inflation in the economy.
So what do the Republicans have in mind for fixing inflation?
Inflation is becoming the top political/economic issue in the country.
Like any issue that actually matters, there's more misinformation than anything else. Republicans want to blame poor people and Biden for the inflation.
Let's clear up a bit of confusion:
#1) I am NOT referring to the post-2008 bank bailout. This bank bailout had nothing to do with Lehman Brother and Bear Stearns.
While most COVID conspiracy theories involve vague and ill-defined threats of tyranny, some of the more credible conspiracy theories involve Big Pharma profits, which range in the tens of billions of dollars.
By now everyone has had their chance to rage against the openly corrupt congresspeople who bought and sold stocks based on their insider knowledge of various laws being proposed. And you should be outraged at this corruption.
Today's news out of China is extremely alarming. Even if this was the only danger to the U.S. Dollar, which it isn't, this news alone should set off alarm bells.
Remember the 2008 Wall Street Bailout that infuriated everyone?
That was amateur hour compared to the 2020 Corporate Bailout.
It's like comparing a street thug stealing a woman's purse to a viking raiding party sacking a town.
Where to begin? Let's start with oversight.
That's an ADDITIONAL. $1 Trillion. Daily.