10 Comments

Stay out of debt Don't buy on impulse.

Or you will be slave to the system.

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Any thoughts on how to get out of credit card debt?

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Greg has a book about it and news letter

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I look into it thanks

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With rate stealing by Federal Reserve 🫡 info is much needed for protection from debt

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Fuck the Fed and Powell. That clown talked yesterday with a serious face that fhe labor market is doing well and the economy is great. Retail sales tank. Majority of available jobs are retail. They really thin their audience are all morons.

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Please help me understand, is this how it works?

"Money printing"

- Congress passes a large spending bill

- The US Treasury issues bonds to be sold to raise the necessary funds

- Bond brokers like Black Rock handle and offer these bonds for sale on the "market"

- The Federal Reserve buys these Treasury bonds from the brokers with newly created dollars

- The brokers invest these newly created dollars in the stock market, keeping the market inflated

- Eventually the newly created dollars result in higher prices - inflation

Is this about right? Thank you

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Hey Greg; this link is from the Club b event in Barcelona, Spain. Tor makes some compelling points about the state of the economy based upon trade. I would really like your take on this if you have the time.

Thanks

https://www.realvision.com/shows/plus-pass/videos/an-untenable-situation-in-commodities-12j1?utm_campaign=Standard&utm_medium=email&_hsmi=237903351&_hsenc=p2ANqtz-8kPRJQ6euGL7UomC7LqjvQ1EVtNPjfxeUJwXkXJKjln0DdQ1wPlwW5imiF13O_73YrknjoslIqMn0XJcByqBK1fhfUNQ&utm_source=20221214_alert_weekly_members_combo_1&tab=details

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Not uploading?? 😱

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