Jerome Powell and Board of Governors Keep Interest Rates Unchanged - FED GOAL, to Create a Debt Spiral - The Last Refuge
Now you will see why I said to watch this interview without distractions. FED Chairman Jerome Powell announced today the FED Board of Governors is keeping the interest rate at 4.25 to 4.5 percent. The Central Bank of the United States is trying to create...
Drop interest rates and the US can service the principle on the debt instead of just paying interest.
They don't want this country out of debt. Solution take back the printing of US currency, and tell the Fed to go pound sand.
At the proper time, I bet POTUS has something up his sleeve to play against the FED.
He ALWAYS seems to have something up his sleeve.
Why drop interest rates?? Does anyone here have money in a bank or online bank savings account? That pays over 4% interests on their money?
4% minimum is an ideal rate. This .oooo1% at banks is criminal.
Back in Reagans day in the 80's interests were very high.
Why drop interest rates?
Because the US is about on the verge of bankruptcy. We are borrowing money to pay the interest on the national debt, and then have to pay more interest on that borrowed money. The Fed is trying to force the US into bankruptcy. Trump is trying to force the Fed to lower the rate so that the US can run the government, and the excess can be used to pay down the debt instead of pay more interest on the debt.
I definitely want the Fed gone. I need to look into the bankruptcy angle a bit more.
The author of this must have watched the Tucker Carlson interview with Richard Werner. The article is a nice break down of what Werner spoke of and also put the motives for what the Fed is doing together rather nicely.
By keeping the local banks from lending to small business it puts break on true growth. Instead, they are purposefully creating unsustainable inflation by controlling small banking institutions and tying their hands.
The Federal Reserve Bank is doing to America exactly what it did to Japan in the 90's keeping them in a 20-year recession. This is intentional and the Federal Reserve Act of 1913 needs to be rescinded.
They are fucking evil.
Edit: That bastard Tucker Carlson has already taken down the video of money creation through lending on X and replaced it with some slime bag speaking CIA talking points about Ukraine & Israel. It is still available here on TCN, I urge you to download it before it is scraped from the net. It is the best interview I have ever seen on how the economy truly works and how lending by small banks just creates money out of thin air by being allowed to use a two-ledger accounting system that anyone else, if used in any other business models, would go to jail for fraud.
I watched the Tucker interview of Werner just this morning [July 31] on X [over 2 hours].
https://twitter.com/tuckercarlson/status/1949877681027166608?s=61&t=MWUQDqvu-B3_m3nENFdtMA
Nice observation. Sundance in fact yesterday i think made a comment about the Trucker interview stating that Richard Werner was one of few people that understood bank money creation here.
I listened to full segment, but I really need to listen to it again to full understand what was conveyed. I did understand that the banking system, how it works is one big charade. That when you take out a lone, no actual money ever get put in your pocket.
BTW the Tucker - Werner segment is still available on Rumble: https://rumble.com/v6wstig-richard-werner-exposes-the-evils-of-the-fed-and-the-link-between-banking-wa.html?e9s=src_v1_clr%2Csrc_v1_ucp_a
End. The. Fed.
Look at that smirk.
The FED is the British Empire’s control over the USA - City of London Rothschild’s central banking system. Debt slavers.
I think Trump is playing them or is already in control. The DS wanted to crash the dollar, but keeping the interest rate high until the Trump Team gets the economy fired up and the Tariffs rolling in is the plan in my opinion. Then the rate can start falling.
Lock them all up, this is nothing more than cartel level crime, with every bank and financial institution complicit in grand theft. And now the leaders of this cartel are attemting to break the backs of those who are trapped in their system! Their unseen problem however is that we are no longer accepting of those things we cannot change, now we are changing those things we cannot accept, God wins!
We are no longer accepting of those things we cannot change, now we are changing those things we cannot accept, God wins!
I love that. Best quote of the Century so far. If that yours, an original you should copyright it.
Update: I see the quote is attributable to Angela Davis.
No, saw it on a meme, and as far as I know memes are meant for us to use to scare the, "bleep" out of the enemy!😂🤣😂🤣😂🤣😂 So far as I know, it's working just fine!😂🤣😂🤣😂🤣😂