Fed hikes rates to highest since dot-com bubble. The central bank’s key overnight rate will rise to a range of 5.25% to 5.5%. That is higher than it has been in decades.
(www.washingtonexaminer.com)
🤑 MONEY COLLAPSE 💥
It's the only button they have. The claim is that raising interest rates will slow down the bonfire of an economy that they have created by typing too many zeros into their computers. It's a bit like making a bucket chain to do put out a raging fire though.
Oh and it will push many homeowners over the edge - the ones who went all out and now find themselves in hot water i.e. repayments too high.
Also, it will lower real estate prices, because there will be less demand due to the higher interest rates, which is attractive to Blackrock, who will buy up all the (cheap) properties whose previous owners find themselves upside down (i.e. there is no longer an upside, and the previous owners walk away).
This is the button you push to kill the offshore dollar market that's been funding the Globalist cabal. Yes we'll hurt, but well..it had to be this way because of what Bernanke and Yellen did.