FedCast 17: Fed Rate Cut Schizophrenia

Welcome Debt Slaves of America. If you are receiving this transmission, you are the Resistance. The Single Greatest Entity marching us to a New World Order is the single greatest entity Good Natured Americans Can unite against to Bring Down. Join the Fight Against the Fed, the united states federal reserve system and help put an end to fractional reserve lending, Interest Rates, and the host of corporations NGO, governments and religious interest outside of the Citizen.

Host, Harrison Schultz brings you engaging commentary on current news and historical perspective every Saturday on FedCast. Your one stop shop to keep tabs on the Fed and Strategize Against it.

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Stocks and bonds soar while more Americans lose jobs and investors are starting to make more money of bonds, or debt than stocks because the Fed has left interest rates too high for too long. Roughly one in 37 homes are now considered seriously underwater in the US and that share is much higher across a swath of southern states. American workers should expect thousands more layoffs in 2024. The Fed wants to help Biden get elected, but the Fed will throw Biden under the bus if it has to, even while Biden ironically escalates Trump’s disastrous trade war with China. Biden and Trump both want to look hard on China. It’s going to backfire on American consumers one way or another. China will probably become the world’s largest economy by the end of the decade directly due to the Fed’s deliberate studpidity on behalf of the BIS it seems. North Korea wants to join BRICS+. CBDC is spreading to Hong Kong. Rwanda wants retail CBDC to turn its citizens into slaves. The Central Bank of Chile sees no need for CBDC but will probably assimilate to it any way.

Show Notes

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YahooNews. Monday May 6.
Stock futures are little changed after Dow posts four-day win streak: Live updates

Bloomberg. Monday May 6.
At $2 Million Per Minute, Treasuries Mint Cash Like Never Before

Bloomberg, Tuesday May 7, 2024.
Bonuses Seen Soaring for Bond Desks, Traders in Early Prediction

Bloomberg. Wednesday May 8.
‘Seriously Underwater’ Home Mortgages Tick Up Across the US

Bloomberg. Wednesday May 9.
Brazil Central Bank Slows Pace of Interest Rate Cuts as Board Members Clash in Split Vote

Bloomberg. Wednesday May 8.
Bank of England Weighs When to Cut UK Interest Rates

Bloomberg. Wednesday May 8.
S&P 500 Is Back to 5,200 as Traders Ride Momentum: Markets Wrap

Bloomberg. Wednesday May 8.
No, Jerome Powell Isn’t Playing Politics

Finbold.com. Thursday May 9.
R. Kiyosaki warns the dollar ‘is screwed up’ and ‘it’s going to get worse’

Bloomberg. Thursday May 9.
US Jobless Claims Jump in Week When New York Schools Had a Break

Bloomberg. Thursday May 9.
Fed’s Daly Says ‘More Time’ Needed for Restrictive Rates to Work

Bloomberg. Thursday May 9.
Bank of Canada Says Households Can Cope With Higher Rates

Bloomberg. Thursday May 9.
Mexico Central Bank Keeps Rate at 11% as Inflation Speeds Up

NYTimes. Thursday May 9.
Why Higher Fed Rates Are Not Totally Off the Table

Bloomberg. Thursday May 9.
Biden Set to Hit China EVs, Strategic Sectors With Tariffs

CNBC. Friday May 10.
Dow rises, putting index on track for 8-day winning streak: Live updates

Yahoo.Finance. Friday May 10.
Stock market today: Stock rally stumbles as consumer sentiment slides to 6-month low

BRICS/CBDC Alerts!

WatcherGuru. Tuesday May 7.
BRICS: Prepare for US Dollar Collapse, IMF Warns

BusinessTech.com. Tuesday May 7.
The biggest economies in the world in 2024: South Africa vs China, Russia and the USA

CoinTribune. Friday May 10.
North Korea's BRICS Approach: Forging a New Global Equilibrium?

TheBlock.com. Tuesday May 7.
Hong Kong forms industry community to develop wholesale CBDC, tokenization

LedgerInsights.com. Tuesday May 7.
Hong Kong creates ‘community’ for wholesale CBDC Project Ensemble

Cointelegraph. Wednesday May 8.
Rwandan central bank proceeds with ambitious retail CBDC project

Coingeek. Friday May 10.
No current need for CBDC, Central Bank of Chile finds