Comments by "michael" (@michaeld4861) on "THE FED JUST HIKED RATES *AGAIN* | Major Changes Explained" video.

  1. The Federal Reserve is a misnomer. It's neither federal nor does it have any reserves. Bankers just control everything to ensure their own power and rewards.
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  2. The whole idea of raising interest rates to crash demand is a ridiculous illusion. No matter what the price people still have to eat, drive to work, and live in a house..... I wonder what inflation is effecting the most.... It's almost as if inflation is just companies increasing prices on essentials because they can and want to make more money for their executives. (Obviously there are some supply chain issues making things more expensive as well but that doesn't explain the record profits and record margins we've been seeing does it.)
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