Comments by "Frederick Miles" (@frederickmiles8815) on "Briahna Joy Gray: Billionaire WEALTH Explodes In 2020" video.

  1. It was the Fed; why dont these idiots understand this, lol... smh. In the simpliest, easiest way to explain: government prints debt that is sold on open markets, large banks buy debt at the auction and sell to Fed (pulling liquidity from the real economy and into the financial economy) in order to obtain Fed collatarel to borrow against (Repo loans). The Fed and Treasury due to this to artificially supress interest rates to encourage lending during tough times - this pumps up stock prices and corporate loan defaults creating a zombie economy where cheap debt boost financial asset prices - if rates go up everything collapses. They are not real billionaires - they are paper rich that is why Elon goes from 1 to 10 in a week; and most of the major spikes like Tesla are short squeezes. If you want to close the wealth gap it is simple - dig up Paul Volcker and stop QE - let markets set rates; it would crash (like depression level crash) of the financial economy but would clear out all the bad debt so that the real economy could live. You need to level set your audience concerning what actually money is in a fiat system based on fractional reserve banking. Briahna knows nothing about the economy; like a Ben Shapiro type who gives weather reports on outcomes but has a child's like understanding concerning root causal analysis or solutioning.
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