One year ago, our lives changed drastically after lockdowns, restrictions and social distancing were put into effect. And here we are, $5.9 Trillion Stimulus dollars later with not much to show for it.
In fact, We the People are worse off.
When you consider job losses and how many businesses were destroyed, it’s amazing we haven’t completely descended into chaos.
Social interactions, and human interactions have been altered by government decree.
And the sheeple fell apart like a $2 suitcase.
So, in return for our pain, the govt. made nicey nice with the masses by giving us a fraction of the $5.9 Trillion Stimulus money.
And, once AGAIN, Wall Street Banksters got the lions share in the form of another bailout.
Meanwhile, We’re on the hook for $5.9 Trillion.
But the $5.9 is a drop in the bucket compared to what the FED did September 2019 through 2020.
Are you ready for this?
Under the guise of rescuing the bond market, the FED pumped $9 Trillion into the REPO market to keep in from collapsing.
Yes, you read that right.
And it didn’t come from stimulus money.
Read what we said about it last year (HERE).
Are you Connecting the Dots, yet?
By any measure, this out-of-control money printing represents the most dangerous threat to your money.
And to make things worse, this trend is only getting started.
The O’Biden/Hologram Administration and US Treasury Secretary Janet Yellen are committed to keeping the stimulus going.
Unfortunately, and historically, countries that recklessly print money to finance everything – while handing out freebies – have resulted in fiscal disaster.
Except, of course, those closest to the money spigots (COUGH! Banksters, COUGH!).
And now we have FED chairman Jerome Powell hinting that he likes NIRP.
We’ll explain NIRP on Monday.
In the meantime, you might consider buying a gun with your “stimmy check.”
And while you’re at it, buy some ammo…if you can find it.
Feel free to share this with a friend. They’ll thank YOU later.
And be sure to tell them We’re Not Just About Finance.