This Band-Aid Solution Will Not Work

in #news8 years ago


                   As that effort moves forward the Fed is five years of zero interest rates, a policy that they cannot easily change. If they raise rates at this juncture or stop increasing money and credit the bottom will fall out of the economy. These are the only methods they have of keeping the system alive. The Fed struggles to keep the ship afloat knowing this may be the last time this Band-Aid solution will work. The bubbles that were created, like in real estate, is in its waiting to fall formation.   Next will be bonds, the stock market and with them insurance companies and retirement plans. Looking at the scene objectively everything the Fed has thus far done has been a failure. A good part of the public is aware of all this and they seethe with anger.  Just consider all the unemployed over 40, who will never have a job again and if they do become employed the wage will be ½ to 1/3 of what they once earned. 

  


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Centralized planning doesn't work, and in an effort to keep it going they will eventually put a boot to every citizens neck to try to make it work. But it will collapse, and freedom will make it out. The harder they push the more people will wake up. The more we decentralize and privatize what they claim government is required to do, the more people will realize that government is archaic, outdated, and uncivilized.