Although we are not big fans of the Federal Reserve, we want to show you why the Fed is not Satan.
And in the process show you why the Fed is not even evil.
Last week we wrote how the FED will stop rate cuts and possibly raise them in 2024 saying:
- There may only be one Fed Cut in rates in 2024
- And that the FED might raise rates again (GASP! How Can you say that?)
- Have you been paying attention to how China’s market is doing so far this year?
- And before the end of 2024 we believe the Dollar will gain strength and destroy everything in its path.
READ: Goldman Sees 4 Fed Cuts In 2024 January 31, 2024 (HERE).
And yesterday Wall Street panicked when FED Chairman Jerome Powell hinted at no rate cuts.
And when this happens, we get complaints from readers saying that the FED is Satan.
LOL!
Ironically (or NOT) most people fail to understand the FED and blame the federal reserve and central banks for everything.
But these same people NEVER once ever look at the history of central banks and how Congress has been manipulating the law changing the definition of what the Fed was even supposed to be.
Huh?
Most people do not even know why there are 12 branches of the Fed.
And when the Fed was created, the branches were to manage the internal domestic capital flows.
Each branch was independent and they would lower or raise the interest rate in their jurisdiction depending on the flow of money.
But the problem with the FED began when Roosevelt usurped all the independence of the Fed and created a Washington monopoly to push his socialist agenda into place.
What?
And you thought Roosevelt was a good guy?
90 years later, we are hearing the same pitch of equality once again.
And the O’Biden clown show is going to take over the Fed and install his people which will be another full-blown socialist takeover.
The FED is Still Not Satan
This will be the final alteration of the Fed making it entirely political to usher in the Globalist’s Great Reset.
So, what was once an independent central bank – owned by the bankers to prevent taxpayer money from being used to bail out the banks no longer exists.
Today the banks may own the Fed in name only, but the reins of power are political.
The president appoints the head – not the bankers.
The Fed has the power to create elastic money and it will return to that.
Why?
Because O’Biden will need that as private capital flees government debt on a global level.
Learn how their actions affect our markets going forward in the February edition of “…In Plain English” (HERE).
Share this with a friend…especially if they think the FED is Satan. They’ll thank YOU later.
And tell them:
We’re Not Just About Finance
But we use finance to give you hope.
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