Let's Backup
What is the relationship between the Fed and the Treasury? Well first the FED is mandated to send interest income back to the public via the treasury. Government revenue such as SOCIAL SECURITY comes from the treasury. Unfortunatelty the FED no longer had operating income to remit these
Back to public the public. In 'normal' BRRrrrr times FED operates in profit. Now there isn't enough profit. Rate hikes no longer makes the FED able to pay back the deficit. FED BOND holdings are low. Now they have to pay out higher rate with institions who want higher yield for the current bond. So basically sell bonds at lower rates fine, but paying back bonds at higher rates NOT GOOD.
Treasury have to sell the shit the FED sold them?
Sorry wrong politician. But apparently they got some good accommodation and a night of playing the piano. Back to your morons!
Well at the end of this basically they can reverse and make everybody pay it back either way.
Don't ask a banker to run a proper business. It's like a politician spending the people's money. Without oversight you will be on the hook while they resigns with a sick pension for life! Look I get it's about self preservation, but when do you actually take your public representatives to represent the public. They represent themselves first and rarely understand a good society which has been protected by their wealth, health, and safety.
Pitch Forks
Long Pitchforks? Well it's just a euphemism of knowing what is going on with your representatives.
I left you with Canada, and the USA.. here's the UK
It's hard for people to not scream. In all honesty I am in the first world studying some youtube's. If I'm in the third world I could be studying the youtube's but with even less resources. Like what's the point? Honestly the house is rigged. It is what it is. Nothing has changed over THOUSAND'S of years. Why should it be any different this time. No matter how much history and morality we are still where we were without passing children through fire.
Is it any better? I don't know.
