Comments by "Frederick Miles" (@frederickmiles8815) on "Low Rates Aren’t Helping Home Buyers" video.

Low rates are indicative of a worsening economy - in a worsening economy who is making large purchases??? Why are the narratives from the Fed, Treasury and financial media so off the mark and stale - this is embarassing.
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@Jabsy101 there is no inflation - inflation is a monetary phenomenon. The CPI June print was due to one outlier (used cars); when compared to ISM and PSM the full story is deflationary. If you acount for the liquidity trap that is QE - the picture is more that of a depression 1928-29 and the folks behind closed doors were more honest they would understand we have been in a depression since '08; surviving off manipualtion of asset prices (mostly naked shorting and massive rehypothethication to jin up margin) and the manufacturing of others. With the pandemic the pillars of this second guilded age are crumbling. The best thing they could do is literally nothing - let price discovery in repo markets happen - let the deflationary crash happen to flush the bad debt to enable lending. The Fed is not a central bank, they dont print, they are just the old and self serving wizard behing the curtain.
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@Jay-xr3sb we have been in a depression since 2008 - QE (MMT) just props up the oligarchy (Citadel, Blackrock, Blackstone, Bridgewater, etc..) at the expense of retail. That is the author of the wealth gap - the reality of the depression will sink in once globalization whithers due to pandemic - that is how we have survived the depression in such a manner as we have due to leveraging global production when our real economy collapsed. If they really cared about the country, they would let the depression fully happen and let market set rates - to flush out the bad debt and let banks lend again. Banks print - lending is how you have healthy and real inflation in our system not the Fed - they just create reserve note collateral in exchange for real pristince debt.
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