4 ms·
The fed? They were the ones that initiated the largest QE spree of all time so that their friends and masters don't lose their fortunes in an unexpected recessi
by thworp 4y ago
The fed? They were the ones that initiated the largest QE spree of all time so that their friends and masters don't lose their fortunes in an unexpected recession.
The very same recession they are now trying to cause to get inflation under control, just that now there is way more debt and the recession will be much worse. As a side benefit this recession is expected so the oligarchs can go into cash and buy everything up for 30% less.
edit: I shouldn't talk, my central bank is the ECB which is much worse and much slower. We're just lucky the fed is the world's central bank so we benefit from their actions a little.