At Jackson hole, Wallstreet has finally got the clarity it’s been looking for after Jerome Powell’s speech. The message is loud and clear. The fed will do whatever it takes to stop inflation even if that means breaking the economy.
This is bad news for investors. And a significant moment in economics as a whole.
“The 12 year party is finally over”
The federal reserve will no longer be bailing out wall-street (they where actually subsidizing) interest rates will now normalize to pre 2008 levels.
wallstreet has now become an adversary to the federal reserve.
You see, the federal reserve’s bailouts and low interest rate policies have created a social crisis.
Asset bubbles, and a rapid rise in stock prices. Have made corporations more powerful. And left a vast majority of all wealth to the 1%.
There is very little economic mobility in America and income inequality is causing class warfare within the masses.
Political polarization has become dangerous and very extreme. (On both sides.)
Billionaires are becoming more powerful than governments themselves, and creating their own agendas for how they see the world should function. (Playing god)
A NEW ERA.
After Bidens inauguration, he made a bold statement that everyone missed. He said “AMERICAS BACK” and back indeed it is,
Federal agencies along with the federal reserve have had enough. The government must get back in control.
There is a new financial revolution going on behind the scenes. Which will make finance more equitable and fair. The federal reserve is in the research and development stage of creating a new type of money. That will allow the government more control over the economy. (Note I will not go into detail due to controversial nature of this topic)
Wallstreet is now on its own. Investors in the equities market must rely on fundamentals and companies will have to generate profits and innovate to stay in business and see higher returns on their stock price.
Cheap credit will also be a thing of the past. Consumers and business will have to be more conservative with credit purchases. And that whole “get rich off debt” will hopefully be a thing of the past.
The power will be restored back to the citizens of America. Not billionaires, not corporations, not wallstreet firms and institutions.
REMEMBER!
The constitution says , “we the people”
You may not believe this, but the government is stepping in for us. Because the government serves us. Not themselves
Thank you for your time.
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