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Dangic23
Economics Explained
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Comments by "Dangic23" (@Dangic23) on "8 Months of Stimulus Just Unraveled | Economics Explained" video.
In the US it wasn't the stimulus. It was the eviction and foreclosure moratorium.
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Unpopular, and also incorrect....lol. They took advantage of 2008....and have been doing the same now. Buying everything that has a door, sight unseen, doble the amount.
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Stop using Manhattan stock footage. Most of the US looms like Kentucky.
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EE forgot the important detail ...... That the Federal Reserve is just a private Bank, just like an HSBC. It has zero ties to the US Government structure.
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@pillmuncher67 Nominates, and confirms,...yes. Other than that, the Fed is a private, independent bank that answers to absolutely NOBODY!
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@pillmuncher67 It's very important.
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@pillmuncher67 No. Alan Greenspan says so.
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@pillmuncher67 Definitely Wrong policies for us mere peons. Great for Wall St. But the fact that the Fed is above the US Government remains. The US Government used to be opposed to a private central bank.....until 1913.
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@pillmuncher67 Again, not discussing if policies are good/bad. I'm only spotlighting the reality that it is a private bank, that doesn't answer to anyone in the US Government. 99% of US folks live under the belief that the Fed is a branch of the US Government.
1