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You are not wrong, and the Fed does not exist for the purpose of the economy but for the defense of the wealthiest. The US government, as obvious from President Biden's recent interview, drunk on power and wealth. It's unfortunate that the money they are spending is not theirs and belongs to the people, the same people who are suffering because of their insane spending spree and largesse.
Always insightful!
The worst part is that it is all by design to enslave the Middle Class more than they already are.
You are not wrong, and the Fed does not exist for the purpose of the economy but for the defense of the wealthiest. The US government, as obvious from President Biden's recent interview, drunk on power and wealth. It's unfortunate that the money they are spending is not theirs and belongs to the people, the same people who are suffering because of their insane spending spree and largesse.