Read it and weep.
https://www.nakedcapitalism.com/2022/01/michael-hudson-what-is-causing-so-much-inflation.html
“But the Fed isn’t saving the real economy. It’s saving the gamblers.”
January 10, 2022
The FED Fights Inflation by Making Illegal “Loans” to Big Investment Banks
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Uncommon Sense 
I really don’t understand much about finance but the little bit I have read really makes me furious! Another thing I noticed in the article, it states these funds were given in 2019 but then it blames it on Biden! How is that the case when Trump was still in office in September of 2019. I guess you really can’t trust any politicians when it comes to money. Get Money Out of Politics!
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Comment by Sylvia — January 10, 2022 @ 4:57 pm |
Agreed. Apparently the two year time lag is because the Fed enacted a policy that hides all of their data for two years before making it public, whereupon it is automatically “old news.” These people are way out of control, and there is no one on our side trying to give control back to the people.
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Comment by Steve Ruis — January 11, 2022 @ 8:00 am |
Maybe Elizabeth Warren or Bernie Sanders, but sadly they probably don’t stand a chance against the machine!
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Comment by Sylvia — January 11, 2022 @ 10:10 am |