An update from the Federal Reserve sneakily announced in a press release that they are allowing a “stunning” new normal for our economy and big banks.
There’s a lot of news happening in the financial world, but it’s not very good news. Skyrocketing inflation, rising gas prices, a tanking economy, the potential for new Islamic terror attacks on our homeland following the pull out from Afghanistan, an out of control border crisis, not to mention COVID.
Remember back when Obama was in office and he bailed out the banks with a half-trillion in loans? Beck reveals the plan is back, but this time it’s a standing loan rather than a one-time emergency response.
This is a terrifying Obama policy for Biden to bring back. Obama’s banking policy is largely blamed for the devastating housing crash and prolonged recession.
The sneaky press release on the topic came out on a Friday afternoon to minimize attention to the turbulent change. Friday night, three-day weekend and now people are moving on and many missed the event entirely. But it’s stunning news when you consider inflation is already spiking.
The reports point to both a Carter 2.0 and Obama 2.0 combined in a scary blend Americans want to hide from, but need to know about now more than ever. Check out the full report from Beck and be informed about the new ways the Biden administration is wreaking havoc on our economy.