🚨🇺🇸 #FEDERAL RESERVE AND ITS MANDATES: A #CRITICAL VIEW

The 3 Mandates of the Fed:

🔹Maximum Employment: 88% of government income through taxes.

🔹Stable Prices: Aiming to prevent deflation, inflation is deliberately created to keep purchasing power down and increase national debt.

🔹Moderate Long-Term Interest Rates: "Moderate" is defined to ensure a constant stream of income for the government, benefiting asset holders but hurting the majority.

🔹Inflation by Design: The Federal Reserve's policies create inflation, which in turn benefits the wealthy who hold assets, while the general population suffers due to rising costs.

🔹Quantitative Easing Impact: Asset prices may skyrocket, and by 2035, the $70 trillion base case is expected. However, the majority without assets will struggle as the cost of living increases.

🔹Criticism: Many view the Fed as supporting a system that disproportionately benefits the top 1%, while the majority faces financial hardship.

-Analysis