The Fed and Chairman Powell Are Not Your Friends.

in steemleo •  5 years ago 

Today I talk about the Federal Reserve System's mission to create full employment and stable prices are covers for their covert mission of lumbering the American public and the rest of the world with endless debt.

I will discuss the last question asked by one of the reporters in yesterday's press conference conducted by the Jerome Powell, the chairman of the Federal Reserve Board of Governors.

Hopefully, after watching this report you will come to the same conclusion that I have and that the Fed is not the general public's friend and that it is there to serve the interest of Wall Street and the big multinational corporations.

FOMC Press Conference, April 29, 2020:

Distribution of Household Wealth in the U.S. since 1989: https://www.federalreserve.gov/releases/z1/dataviz/dfa/distribute/chart/#range:1989.3,2019.2;quarter:119;series:Net%20worth;demographic:networth;population:1,3,5,7;units:shares

Use promo code maneco64 to get a 0.5% discount on physical gold and silver bullion purchases at https://www.goldinvestments.co.uk/

GlintPay App, Save and Spend in Gold - Use referral code MarioGlint79
https://glintpay.com/

maneco64 blog: www.maneco64.net

Support the channel:

Teespring Store: https://teespring.com/en-GB/stores/maneco64
https://www.paypal.me/maneco64
https://www.patreon.com/user?u=3730528

Crypto donations:

MONERO: 443HZ51ibn1MUD65R42hLNj934Cjq9oEbXaZ68UWeKdAg3qmgM6gL2qMnutYDyn8GnZEDf1yvsqkw11wXgrkm4wFDpDk58u
BITCOIN: 1AkNoKzbZXJ75BbeGkD2ekUDJQNWDrBgMA
BITCOIN CASH: qzfcsu05c9ephzv8qzl7ysvn4lfclzneescfhre4r5
BSV: qr20w4glrt5urr63c2xrqaxa3ken2qy5hqdxr3kv34
ETHEREUM: 0xfffd54e22263f13447032e3941729884e03f4d58 LITECOIN: LY6a8csmuQZyCsBZbLDTQMRuyLdsW9g2na
DASH: XhxxKD8YHjAdE3hYG7AuCw4EwUrCjZWqGK
BAT Currency: Uphold a/c name maneco

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Thanks again, Maneco64. Yes, "printing money by keystroke" has gotten easier. Even during Weimar, Germany's inflationary period, they began to run out of ink, printing only one side of the Mark Note Currency. The paper was more valuable as a blank note pad than an inflated worthless note currency.

  ·  5 years ago (edited)

The man above seems to me no more than a petty official from public health center. He has neither brain to perspect the cause of problem nor empathy to the unemployed people.