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Last week the Fed announced more inflation. Despite recent numbers saying inflation’s already re-accelerating to the 4-5% range. Thing is, the Fed’s not doing it with rate cuts that would deliver cheap mortgages and car loans. Instead, they’re doing it by stealth, cutting back their federal debt roll-off so... show more

Peter St Onge, Ph.D.

309,261 subscribers

634,322 views • 2 years ago •via X (Twitter)

Finance News & Politics

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9 Comments

Economics of Empire2 years ago

This is the unsurprising element within socialism. It is inflationary & thereby decimates the very classes that it pretends to defend. And so much for equality. The biggest inequality is between taxpayers & their elected representatives.

ZionistDefender.🇮🇱2 years ago

Well, well, well, it looks like the Fed is playing fast and loose with our economy again! They're reducing the sales of government debt to the tune of $420 billion per year, all in the name of helping Biden in the upcoming election. Talk about a political economy! But let's not forget that this little maneuver is driving inflation and mortgage rates through the roof. And who's left holding the bag? You guessed it, the American people. Meanwhile, Washington gets to borrow money on the cheap. It's like a financial game of musical chairs, and we're the ones left standing when the music stops. So, Fed, if you're listening, it's time to stop playing games and start putting the needs of the American people first. We deserve a fair and transparent financial system, not one that's rigged against us. It's time to put on your big boy pants and do what's right for the hardworking citizens of this country.

Daniel White2 years ago

The Fed's troubles are baked into the cake now. All those trillions of "assets" they have on the books are worthless. The Fed had to "buy" that garbage because no one else would. The Fed is just a magician waving a wand. The illusion is solvency.

DeepState Illuminate2 years ago

The Feds should be disbanded.

🗼$SigSal 🐍🪵2 years ago

When foreclosures, credit card ($1.4T) defaults and student loan ($1.7T) defaults start rolling in, how long until the banks get a bail out package of more printed money from the gov't?

markster2 years ago

Great explanation. Reducing asset runoff from Fed balance sheet equals higher money supply equals higher inflation. It will be felt by all of us in the form of higher mortgage, auto loan, and credit card rates.

Robert Stevens2 years ago

ShadowStats shows the real inflation numbers at

Mike Roche2 years ago

"reign of error" 🤣

Reef Insights2 years ago

The residential housing market is beginning to see home price declines, which likely won’t be aided by lower rates for quite some time:

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117,422 views • 1 year ago

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31,178 views • 3 months ago

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