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Josh Sigurdson talks with Mark Gonzales about the breaking news coming out of the Federal Reserve as they lower interest rates 0.25%.
While most saw this coming, the Fed doesn't do this in economically prosperous times. In fact, they acknowledged a slower pace ahead and that there are many risks ahead. Well, that's an understatement.
The Fed is not really trying to fix the economy that they themselves are destroying. They're trying to make it look as though they're doing something while doing the bare minimum.
We are quickly entering into a digital system. Once the dollar is wiped out, in comes the central bank digital currency (CBDC). This has been planned for for decades.
We saw negative interest rates in 2020 and we saw a recession in 2008 that never ended but was simply papered over. In 2012, we saw interest rates dramatically lowered in order to save the economy from total disrepair. That was a 5.5% drop. Now, we have interest rates sitting low as an oncoming wave approaches and they can only drop interest rates so much. There is no saving this system and they know it.
This latest news appears to say something about the year we are about to head into. How will this affect us in 2026?
Meanwhile, Powell on Wednesday announced $45 billion in bill purchases.
Are you ready for what's to come?
Stay tuned for more from WAM!
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