FED to Promote Racial/Economic Justice

Just when you think things can’t get any crazier a new bill was introduced to mandate the Federal Reserve (FED) to promote racial and Economic justice.

LMAO!

In the category of “You just can’s make this stuff up” Bill H.R. 2543 would expand the Federal Reserve’s existing dual mandate – maintaining price stability and full employment – to focus on promoting “racial and economic justice in borrowing, housing, and lending.”

Ironically (or NOT) if the Fed is to be responsible for maintaining “racial equity,” this would potentially create a two-tier economy… One for white people and another for non-whites in America.

Perplexed?

Yeah, and we’re still trying to figure out how making racial equity an integral part of the Fed’s mandate will help fight inflation.

Seriously, every day it gets harder to tell which one of the Bidens is hitting the crackpipe.

But maybe this is a way for the O’Biden administration to label anyone who wants to end the fed as a racist!

Or, maybe this is a liberal ‘backdoor’ for Economic Segregation.

Or maybe, JUST MAYBE, dumping this off on the FED to create Racial and Economic Justice are code words for… “we are going to redistribute more resources from producers to consumers…”

Economic Justice…for Minorities

And following the liberal agenda it’s looking like – based on a 100-point scale – if you are non-white and non-Asian you automatically get forty points added to your score… ten more for identifying as a woman…

How else would they justify ‘Economic Justice?’

The real question we should be asking is, “Why the FED?”

Afterall, the FED is private corporation and NOT a government agency.

https://www.financialsmatter.com/keynesiasm-marxism-economic-chaos/

But…and this is a Very, Very Big Butt…

Could this be the start of a “Universal Basic Income” (UBI) mandate based on social credit score?

Afterall, that’s one of the main points of Klaus Schwab’s Great Reset…along with him advocating “You will own nothing and be happy.”

Once Europe defaults on their debt – coming soon – they will be the first to implement UBI.

And they will also be the first to “…Own nothing and be happy.”

Look around.

Since 2014 they’ve had ZERO interest rates and it’s bankrupted their pension plans.

Free Economic Justice?

So, economic justice will show up as a govt freebie and everyone will be happy.

Think it can’t happen here?

Read the headline of this email again.

And see how to insulate yourself from it in our July edition of “…In Plain English” (HERE).

Share this with a friend…especially if they’ve told you how great Europe’s heath care and pension plans have been.

They’ll thank YOU later.

At Financial$Matter We’re Not Just About Finance.

We simply use finance to give you hope.

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