Josh Sigurdson talks with author and economic analyst John Sneisen about the recent hike of interest rates at the Federal Reserve to a laughable high of 1% which is the biggest increase in a decade.
The Fed is desperately trying to push interest rates up (though not doing a great job of it) in order to drop them out and as they do, artificially stop the economy which must fall by fundamentals from doing just that.
However, after 2008 going into 2012, the Fed had to lower interest rates 5.5% and today they would need to lower it far more, but they would go negative if they did so which would be an epic deal breaker. So we are seeing panic on the part of the Federal Reserve and it's quite unlikely it'll sustain itself much longer.
But of course due to the level of manipulation in the monetary system as well as the markets, the fundamentals are off the table and it's impossible to say when exactly this crash will happen, we just know it will and it has to.
The wizardry at the Fed is not rational by any standard and it's going to end in vast debt servitude and poverty. This is why people need to be educated on what fiat truly is and protect themselves from the coming collapse.
As Bitcoin skyrockets and people tap into the vast undervalued gold and silver markets, we are just starting to see the beginning of the dollar exodus and the mass adoption of alternative currencies and assets.
Stay tuned as we continue to cover this issue!
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Hi ,
Nice work sir
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You are right about the awful way they meddle with the value of currencies. But you might wanna look more into the precious metals opinion of them being undervaluated. Gold and silver are in fact not "rare" the cost often times many times more than another way rarer element. The people in charge of the markets just make shure there is a steady availibility to keep the price just right. and every now and then give it a little boost by shortening supplies.
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It’s coming. Big fan of your work. I’ve been following WAM for several months.
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great info. the downfall is upon us =)
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I watch mostly all your reports. They are informative and very easy to understand for those of us not familiar with economics.
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The Federal Reserve is absolutely illegal, corrupt, disastrous and unconstitutional - only The Congress can coin money. The Federal Reserve Act needs to be REPEALED.
The Federal Reserve: An Astounding Exposure 1934
home.hiwaay.net/~becraft/mcfadden.html
https://archive.org/details/CreatureFromJekyllIslandByG.EdwardGriffin
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YES MY FRİEND THİS İNTEREST LEVEL SOO F...K A WORK I LİSTEN OR READING İNTEREST SOO REDHOT BE ANYTİME IIGGG
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Great update and thanks for updating us. Crypto is the next big thing but can you throw more light on gold and silver? Thanks for sharing worthy of my upvote
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I think that even though it is a scary thought to have the economy collapse and then the chaos that will no doubt fallow . I can’t help but to feel excitement at the prospects that could develop . Could you guys please do a video on the different crypto currencies and their values and attributes ❓Thanks , you are the REAL NEWS to me 👏👍❗️😁
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Intersting!
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Very interesting read
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the crypto excitement is all smoke signals foretelling the huge crash in equities markets... beware the ides of january !! peace man
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I really cant wait to see gold and silver prices skyrocket
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Ikr? $70,000 per ounce of silver? If that's in 2017-dollar terms we're buying electric lambos with our bitcoin in the close future.
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Josh, good material. for my followers [email protected] we track crypto vs dollar weekly. I am encouraging all to try mining your own bitcoin, ethereum... For once, citizens can print their own money. Wonder how much longer will the 8 families exclusively print the currencies in 165 countries? upvoted followed and resteemed
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I have been hearing about this impending dollar crash... It seems it will cause a great turmoil globally when it happens. But cryptos will help to absorb some of the shockwaves
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Great video. I'm happy that you are linking to Dtube and not ((You))tube. I currently have a few thousand dollars invested in broad-market ETFs that mimick the S&P. Do you recommend pulling out the money now just before the Fed contracts? Will the tax bill and supposed GDP increase give stocks another run?
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