The story of government intervention in the US economy, in one chart: To understand this better, think also of the drop in fertility rate that begins in 1960. That is when the distortion began to be manifested in the real economy and the middle class began to really take a hit.
@davidbateman The Interest expense on FED site https://t.co/zJbQ3E79R3 shows 1.1T officially as of Q1, but the latest number that @PeterSchiff talked about annualizes to 1.60Trillion per year in interest. The French Revolution began when 50% of revenue went to interest.
@DonMiami3 The Federal Reserve is not going to blow up the economy as it exists and is understood by Keynesians because of 4% inflation... we have real negative rates... for all the pros out there, that's enough... for regular Joe, it's open season on normal people. Buy gold and silver!
@AncientElites@Silver__Santa Lol can you imagine the look on Bessent’s or Jamie Dimon’s face if the Fed just holds the fed funds where it is for the next 24 months, the debt interest payments head to 2T a year and we get the mother of a financial crises while the fed let’s deflation take the DXY to 150 lol