Comments by "Charles Brightman" (@charlesbrightman4237) on "Fed may ‘frontload’ rate hikes then ‘move to their balance sheet,’ strategist say" video.

I WILL KEEP SAYING IT UNTIL IT CHANGES OR I DIE: 'We The People' need to rise up and pass a law that the US Fed has to have an annual economic inflation goal of zero percent (0%), NOT 2%. As America gets greater, a US Dollar should be able to buy more, not less. The US Fed with their 2% annual inflation goal are actually causing some economic and social problems in this nation and in this world. This is also a National Security issue as America and it's currency gets weaker in this world. If America's currency was to get stronger, more nations would want to utilize America's currency and it's ways. For a nation to truly be great on this Earth, they should be a nation that other nations look up to and want to be more like, and even if possible to become one with, not by force and/or out of fear, but willingly. That is true greatness.
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Question: Banks have had very low interest rates from the Fed for a long time, sooooo........, how come the banks have not been passing on those savings to their customers in higher interest rates for saving's accounts and lower interest rates for charge cards? Are the banks in financial trouble and/or are they just plain greedy?
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@Twodadslol And yet still, the banks for a long time have gotten low interest rates from the Fed, and have not raised how much interest they pay on people's saving's account interest nor lowered the interest rates on charge cards. So again, are the banks in financial trouble and/or are they just greedy? And you say I should not invest my money because I clearly have no idea anything about economics. I know that most people have to have a saving's account to save for future expenses, those savings as adjusted for the true cost of inflation, (not the made up inflation numbers). And when you say that the banks aren't giving interest to their savers, because they don't get any interest from their loans, well: a. Maybe they should offer better loan rates? (Oh wait, they did with lower mortgage home loan rates). b. And if the banks aren't making enough money, then the answer at least in part to the questions above would be: "The banks are in financial trouble". See how that works for a person that has some economic knowledge?
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@Twodadslol Oh and also, let's not forget that banks have fractional reserve banking whereby they can loan out more money than they have on hand. Why cannot people besides banks be able to do that? What a deal for the banks. Loan out money that they don't really have. Why cannot you or I do that? Oh yea, it would be considered fraud if we did it.
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@Twodadslol Oh and also, 'if' banks encouraged people to save money in their bank, the bank would have more cash reserves that they could loan out with fractional reserved banking. The banks would just have to loan out money equal to or for them preferably at a greater interest rate than the bank pays out on the saving's accounts, so as to encourage people to save their money with that bank, that then the bank could loan out more money, .......
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I'd like to know what America's plan is concerning the ever growing debt situation. Ever going to be paid off, OR just done away with when America is no more and a new nation rises from the ashes?
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@animusadvertere3371 A major thing is though that if people throughout the nation don't get raises that keep up with the true cost of inflation (and not the made up numbers they tell the public), then they get poorer over time due to having less buying power. This contributes to more social and economic issues in the nation and in this world.
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