“Moral Hazard” is the phrase of the day as the US government proves once again they are worse than worthless.
Luke and Tim explain why the Fed’s announcement of an emergency rate cut to 0 accompanied by a $700 billion bond program as an attempt to boost the economy is FAILING. Economic experts seem to agree: What we’re seeing is the brink of Fed Capitulation.
With so much focus on how to keep your money safe, at Change the News, we want to emphasize that your PRIORITY SHOULD BE ON FOOD, SUPPLIES & STRENGTHENING YOUR PERSONAL RELATIONSHIPS. Stay safe, stay healthy, and always: love each other.