Understanding the Artificial Economy
resources link: https://www.fhfa.gov/AboutUs/Reports/ReportDocuments/HPI_August2019.pdf
resources link: https://www.fhfa.gov/AboutUs/Reports/ReportDocuments/HPI_August2019.pdf
The U.S. Federal Reserve creates free money for those who are "creditworthy", which artificially raises their wealth, indebts the poor, and inflates money on people's savings. It's time to have a discussion whether this is acceptable in a society of the greatest income inequality in history.
resources link: https://geopolitics.co/2019/09/18/federal-reserve-intervenes-with-massive-repo-to-inject-cash-into-money-markets/
https://www.wsj.com/articles/fed-to-conduct-first-overnight-repo-transactions-in-several-years-11568729757
https://tradingeconomics.com/united-states/gdp-growth-annual
© Copyright 2019. YMD All Rights Reserved.
