You are viewing a single comment's thread from:

RE: The Ultimate Power of FED

in GLOBAL STEEMlast year

Good work.

I like to point out good inflation and bad inflation. Good is adding to the money supply to meet the extra cash needed to match growth. Bad is adding money to pay for over spending.

I also don't like the fact that the US government is not transparent with their financial statements. They voted not too long ago to let the military budget be dark. They say for "national security" reasons. I don't trust them.

Also I like the document you found last November:

The Federal Reserve Cartel: The Eight Families By Dean Henderson Global Research, October 09, 2022

This carefully researched article was first published by
Global Research on June 1, 2011. The Four Horsemen of Banking (Bank of America, JP Morgan Chase, Citigroup and Wells Fargo) own the Four Horsemen of Oil (Exxon Mobil, Royal Dutch/Shell, BP and Chevron Texaco); in tandem with Deutsche Bank, BNP, Barclays and other European old money behemoths. But their monopoly over the global economy does not end at the edge of the oil patch. According to company 10K filings to the SEC, the Four Horsemen of Banking are among the top ten stock holders of virtually every Fortune 500 corporation. So who then are the stockholders in these money center banks?

This information is guarded much more closely. The queries to bank regulatory agencies regarding stock ownership in the top 25 US bank holding companies were given Freedom of Information Act status, before being denied on “national security” grounds. This is rather
ironic, since many of the bank’s stockholders reside in Europe.

Sort:  

Thanks .

I often wonder why I never hear from you about my version of the coming Monetary Correction...

 last year 

A gradual increase of about 2% inflation is required to expand a healthy economy but more than that is considered bad, one of the worst cases can be when the government doesn't become transparent and abuses power to hold its position, print money internally and resulting devastating market collapse, rising inflation, rising living costs, which is an ultimate burden to the general people.

Coin Marketplace

STEEM 0.27
TRX 0.11
JST 0.030
BTC 68504.89
ETH 3816.55
USDT 1.00
SBD 3.51