RE:RE:There Must Be An Awful Amount Of Leverage Either the fed is so out of touch with the real world or they're intent on destroying the current system for some reason.
Here we are with plenty of supply chain issues. When there's shortages on critical everyday items like baby formula, personal products and food items along with shortages on replacements for everyday needs like vehicles, fuel, refrigerators... yet the fed only sees an overheated economy instead of a huge supply and demand imbalance, everyone looses confidence in the system.
Granted the derivative markets are over leveraged but that is nothing new. Is a total collapse here a correction?
Have you heard about the CBDC talk?
You know the central bank digital currency.
Now how do you convince everyone to accept it?
Would you be willing to destroy the financial system to roll out something you can have complete control of?
Lets put on tinfoil hats and talk crazy for a moment.
Lets say you want to get rid of fossil fuels. With CBDC you can program it so an individual user, city or state can't purchase any.
You can effectively make it practically impossible to purchase anything that you can't outlaw.
You can shut down entire businesses that are not in alignment with stated goals.
If Ivn gets to the 4's it's only because the writings of Ayn Rand are getting too close to reality, with a totalitarian twist.
Let's hope that never happens.