16 days ago

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Vlogs Education INTEREST RATES CASH ALLOCATIONS STOCK SELL OFF STOCK MARKET INFLATION BANKS

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INTRO
The rich get richer, and the poor stay poor. What's interesting though is this chart of the inflation, and you get them doing victory laps about how they're making progress towards 2% and they can't let off until we get back to 2%. The problem with that is it doesn't really fix inflation. Inflation is still growing. Whether it's, you know, 2% or 3% or 4% or even 1%, inflation is still growing, and you haven't repaired any of the damage that was done.

They're telling you the banks are healthy, the banks are not healthy. They're only stable because they have two sets of training wheels on at the moment, and we are bailing them out because this is a tax on everybody, right? This is a tax on those that don't have assets.

So here it is. It's really ugly, looking to get uglier as well show, I don't see how they're really going to corral this.

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