(Alert). The Fed. ADMITS Inflation WILL PERSIST! And ANOTHER Airline Bailout. Mannarino
From Greg M
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U know how I feel. This country programmed everyone much like other countries are being programmed now and that is to produce and consume. Dont forget to have children, which is at a huge decline all while elders leave the work force. Now they giving mthly checks for parents of newborns and children under 17. This will be a 🌐 issue....
Here's an (2015) IMF paper that explains how to create a digital currency while charging interest on a paper currency >>>
https://www.imf.org/external/pubs/ft/wp/2015/wp15224.pdf
The idea is, congress tells the FED to offer accounts for everyone
(see: Bankink for All Act : Text: S.3571 — 116th Congress (2019-2020) ::: https://www.congress.gov/bill/116th-congress/senate-bill/3571/text)
and deposit digital dollars in those accounts. At the same time, the FED lowers interest rates on paper currency to say -4%. The commercial banks pass that cost onto their liabilities. You can either spend your "money" or watch it dwindle away.