The FED as begun to raise its interest rate. It raised from 2% to 2.25% in September and plans to raise it again in December to 2.5% and again in 2019 trying to get to 3%. Remember folks the Federal Reserve is NOT a government agency, it a cartel of a central banking system. The US Guberment gets it's money from the FED then gives it to the banks were you and I keep our money. This interest rate is the the government pays to the FED for the entire outstanding debt of the US, currently at $21.6T (see usdebtclock.org). So now just take a moment to think about what will happen to the payment the government must make to the FED on $21.6T as the interest rate goes from 2% to 3%. Also remember that all of your tax $$ goes straight to paying that interest payment. Trump also made bold changes to the tax system that reduces how much the government will collect in taxes. I wonder how we gonna pay for all this debt? I forgot to mention all this in my previous post. This system can not be sustainable for much longer folks. Be warned!
Just saying ...
6 years ago in #warped-reality by lsk464 (56)
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