Matthew Spositi is an aspiring trader, Austrian Economic enthusiast, entrepreneur, and founder of New Millennium Wealth. My goal is to help individuals get out of the rat race and become financially free, by showing you every step of my journey, and by sharing all of the knowledge I have accumulated about trading, investing, markets, and economics over the past 5 years.
Episodes
Saturday Aug 08, 2020
Ep. 35: The Fed Is About To Make Inflation Easier Than Its Ever Been
Saturday Aug 08, 2020
Saturday Aug 08, 2020
What’s the one thing that this nation needs?
A way to give money directly to people who are just going to piss it all away. Said nobody, with a brain, ever.
But that’s exactly what’s the Federal Government is talking about.
You see, apparently it wasn’t enough to artificially increase the monetary supply by buying Treasury Bonds and Bills. And apparently it wasn’t enough for the Federal Reserve to keep interest rates artificially low for decades, making it very hard for every day people to buy houses, cars, and a whole host of other things due to the inflation it causes.
Apparently, it wasn’t enough making life difficult to afford for everyone.
Now the Fed is going to be giving money directly to people under the guise of helping them in their time of need.
But you know what it’s really going to do? It’s going to cause inflation, making it even harder than it already was for people to afford life.
This is what the Fed wants to do, and it’s scary.
Tune in, if you want to know how they plan to do all this.
Please remember to leave me a RATING/REVIEW on iTunes.
Today's Article Links:
https://www.zerohedge.com/markets/fed-planning-send-money-directly-americans-next-crisis
https://www.zerohedge.com/markets/its-now-virtually-impossible-get-bank-loan-lending-standards-soar
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