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?Fed is Trapped as QE Assets Hit $7.6 Trillion & Wall Street Wants More QE
00:10:59
24 Views Β· 9 months ago
Socrates67X

Fed is Trapped as QE Assets Hit $7.6 Trillion and Wall Street wants More QE
1.9 trillion$ is only the amount from the current proposed stimulus bill. As a result, the deficit will balloon to eye-popping amounts. The U.S. national debt will swell to nearly $30 trillion. The $1.9 trillion spending package will grow the U.S. budget deficit to $4.2 trillion in 2021 and put the government on a path to spend more money in one year than the previous 200+ years.
Biden and company are set to borrow more money over the next 12 months than the U.S. government borrowed to finance the Revolutionary War, the Civil War, World War I, World War II, and the Cold War,” Stephen Moore, former economic adviser to President Trump, wrote in his Committee to Unleash Prosperity newsletter.
It is estimated that the current deficit ( without the 1.9trillion ) will be 2.3 trillion, so the total for 2021 will be 4.2 trillion $.
The question that I consistently ask is, who is going to buy this debt at current interest rates when any buyer is guaranteed to lose money in real terms!
Only one, and that is the FED. And when this happens, we will be on a slippery slope to a currency collapse.

Bonds are signaling inflation.

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Paul Revere: Revolutionary War Hero | Full Documentary | Biography
00:43:17
191 Views Β· 2 months ago
Socrates67X

Profile of the Revolutionary War hero that tells us more about the man who warned, "The Redcoats are coming!" Revere was a successful businessman and early industrialist.

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