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Supernova
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Comments by "Supernova" (@MrSupernova111) on "Is the Fed running a Ponzi scheme?" video.
I think the implication is that the average homebuyer is the victim as institutions horde real estate and drive up prices and leave the average homebuyer holding empty bags. This is assuming the average consumer can afford a home after institutions have driven up prices sky high. EDIT: The fed has purchased trillions worth of mortgage debt while they have kept the fed funds rate at historic lows for over a decade. That's the mechanism institutions use to corner the housing market and pull the rug from under the feet of the average American. The party ends now. Its anyone's guess what happens to the housing market next.
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@Jay-zb6kb . Too many to count.
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Federal public debt will never be repaid. This is why governments need inflation and more productivity. Inflation erodes debt as long as there is economic growth so politicians add more debt and keep the ponzi scheme going.
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Not yet. The worst is yet to come.
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