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How the Trade War Helps Hide Central Bank Sabotage of the Economy
- basicplus2 8y ago"This pattern of creating bubbles and then crashing them, resulting in financial chaos, goes back quite a long time. In the 1920’s, the Fed’s low interest rate policies and easy money led to the bubble conditions of October 1929, a month that will live in infamy as the start of the Great Depression. The Fed then raised rates sharply in the early 1930’s, which then caused a renewed crisis and prolonged the Depression well into the next decade. It took over 70 years for a Fed official to finally take blame for the disaster" Remember the fed is a private bank, and this is the basic modus operandi of the 1%ers.. the super super rich... Step 1. throw out cheap money.. and let all the suckers over invest.. Step 2. then crash the system by raising rates/restricting further money supply.. Step 3. then rake in all the assets.. rinse and repeat adinfinitum.
- yuhong 8y agoI blame the current debt-based economy that has existed since the 1970s.