Comments by "Charles Brightman" (@charlesbrightman4237) on "Fed’s low interest rates will ‘cover over problems’ for markets in 2021" video.

  1. The FED should bring back and maintain the value of the penny, and then have a target of 0% inflation annually. Consider the following: a. Currently, the FED has a target of 2% inflation annually. But that is also 2% on top of all the 2%'s that came before it, which turns out to be a lot of inflation over time. If people's wages, benefits, and even saving's account interest do not keep up with the true cost of inflation, they those people fall behind in buying power. Slavery was supposed to be abolished here in the USA, but it seems has been replaced by a system of 'economic slavery'. b. Space travel, the ONLY thing that might save any species from this Earth, has gotten more expensive just in my lifetime. What is space travel going to cost in the next 100, 1000, 1 million years from now? Economic inflation just might be a contributing factor to the demise of all life from this Earth. And we did it to ourselves, or more likely the FED did it to us all, including themselves. c. Either at least one species survives beyond this Earth and solar system, OR none will. Currently, no exceptions.
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  2. Question: With the FED's low interest rates, why aren't the banks passing those savings onto people getting loan, (ie: charge cards). Greedy much? Rich banks financially struggling?
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