About this economic recession
It starts with the story of an art student in the last century!
In the last century, a group of people controlled the economic lifeline of a country
They bought bread for dozens of dollars, and then it was ended by an art student
How similar is the current United States.
A group of people from all over the world formed a village and believed in individual democracy and freedom.
And a group of people were just eliminated by another village because the village had a strong collectivism.
This group of people was very united and smart, but at the same time very selfish, so they were excluded everywhere in the world because they were really not kind.
Then they discovered this developed and rich village with a democratic system.
With their smart minds and money, they quickly stood firm in this village and placed their own people in various important positions.
Let's put it this way:
If 10,000 sheep are united, they can definitely defeat 100 wolves. But in a world composed of sheep, chickens, pigs, cats, etc., if 10 mice are mixed in, the final result is that the village will be ruled by mice.
It's very simple. If a dog becomes the finance minister of the village, the dog will not care whether it is a sheep or a pig who takes over, because they are individuals and only care about individual interests.
But mice are different. They are a collective and have collective beliefs.
When a mouse takes office, he has power. He will think that the next person or other important positions must also be mice, so as to ensure the interests of mice.
Unknowingly standing at the peak of power in the village. And blocking the way for others to come up.
Some people say that there is also a village chief.
You can say that I am the military minister, I have been in power for 50 years, and you have been in power for 5 years in the same village. Who has more real power in the management system?
If you give me face, you can be the village chief. If you don't give me face, you can manipulate the media and operate behind the scenes at will, and you are nothing.
The Federal Reserve, dollar printing, big banks,
The world's three largest financial groups are BlackRock, which manages nearly $10 trillion in assets,
The second is Vanguard, which manages nearly $8 trillion,
The third is State Street, which manages nearly $4 trillion. On Wall Street in the United States, they are called the Big Three
The Rat Industry
As for why the Federal Reserve is reluctant to cut interest rates, this story has to do with why it has raised interest rates 11 times.
Because the biggest enemy of mice is a big village in the east