Comments by "Jay M" (@jaym9846) on "Fed Chair Powell: Economy growing, unemployment and inflation low" video.

  1. Americans have lost half a trillion dollars in interest alone due to government printing money (via its own Fed) since last financial collapse. Since Big Banks have been able to get money at low interests from Fed and the go ahead to loan $90 for every $10 in the bank, they have no incentive to offer rates much higher than 0% for money earned by workers. https://www.cnbc.com/2019/04/10/americans-have-lost-500-billion-in-interest-after-financial-crisis.html
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  2. Once money velocity rebounds, inflation will rise with a vengeance. https://fred.stlouisfed.org/series/M2V
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  3. When Congress artificially inflated the housing market by making it easy to get a loan, it eventually crashed and burned. When Congress artificially lowered student loan rates, students eventually crashed and burned. When the Fed artificially printed money and lowered interest rate ...
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  4. Central banks (created, supported and encouraged by governments) have made a mockery out of money by printing trillions out of thin air.
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