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Ancient Aliens Meme | THE FEDERAL RESERVE IS SO STUPID; THAT IT LOWERED THE INTEREST ON SAVINGS BONDS YEARS AGO, AND ALLOWED PEOPLE TO TAKE MILLIONS OF DOLLARS OUT ON LOW INTEREST LOANS, AND THEY DON'T KNOW HOW TO STOP INFLATION BECAUSE THEIR STUPID. | image tagged in memes,ancient aliens | made w/ Imgflip meme maker
157 views 5 upvotes Made by anonymous 3 years ago in politics
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0 ups, 3y,
1 reply
Not being able to stop inflation caused by the devaluation of currency through over printing in the Treasury at the behest of the party in control of the country's finances, isn't the same thing as causing it by said means.
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0 ups, 3y,
1 reply
It's funny because it was bonds that got the government funded through wars. What is wrong is lowering interest rates on tangible money from the people through the years. Now that intangible loan are the way the government makes money people will not need a loan because they got it in 2020 at 0 percent or very low interest. What they could do is raise the interest rate on savings bonds so more people could have a safe investment. After the depression this was a form of investment that was seen as risk free.
0 ups, 3y
Yeah the Bond issue is sucky. It's part of the reason the rich are buying all the houses.
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THE FEDERAL RESERVE IS SO STUPID; THAT IT LOWERED THE INTEREST ON SAVINGS BONDS YEARS AGO, AND ALLOWED PEOPLE TO TAKE MILLIONS OF DOLLARS OUT ON LOW INTEREST LOANS, AND THEY DON'T KNOW HOW TO STOP INFLATION BECAUSE THEIR STUPID.