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Over the last decade or so, after the last financial crackup, the Fed tried to keep rates artificially low so that the increasing government debt could be financed dirt cheap and that people/business could borrow for expansion. Mostly business borrowed to use that debt to buy back shares which did nothing for the economy. It did help earnings which kept stock prices boosted which mainly benefited less than 25% of the those in the country that invest.

Incited by supply chain issues and direct government sabotage, inflation has come roaring back and the Fed has gone delirious. While the republicans are virtually the same spineless cowards as the democrats, this time it is leftist democrats deliberately trying to destroy the economy to comply with the WEF, gates, WHO, UN and other thug-ocracies demanding global economic/financial destruction in order to implement the great reset.

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