mages1ul on Nostr: Ok, so, In the aftermath of the 2008 financial crisis, the Federal Reserve ...
Ok, so, In the aftermath of the 2008 financial crisis, the Federal Reserve implemented near-zero interest rate for an extended period. Meaning...free money for extended period🤣, to save those people who caused the crisis..,led by the Fed itself 🤣. That benefitted the same people again, who caused the crisis, and the cycle continues,🤣.
Those people who got free money from the Fed never produce anything, they just keep circulating the money through the stock market and all. They contribute nothing to the real economy but cause lots of harm, and that cycle must end,..,money has to be in the hands of the productive people in the real economy,😄☕🎈👍.
Those people who got free money from the Fed never produce anything, they just keep circulating the money through the stock market and all. They contribute nothing to the real economy but cause lots of harm, and that cycle must end,..,money has to be in the hands of the productive people in the real economy,😄☕🎈👍.