The average consumer is tapped out… We give already…. If no-one has money and why would the Fed even consider raising rates again?
Well, welcome to the end game….
We already understand that a new economic system will emerge from whatever abyss we are currently within. Sorry if you can’t see it but our economic landscape is in absolute shambles and we are living on borrowed time.
So when the new economic system emerges, what will happen to the rest of us… meaning those who have no clue what is going on currently?
We are already seeing liquidity being pulled from the system at record levels and now those who trusted the education system, to benefit their careers, will be left with a substantial increase in cost of living. To the average college borrower an increase to monthly expenses of $300 will cause substantial hardship, considering everything else has already risen.
What are they to do. Call their parents……
Well, that is where the money is right???
The older generation has harvested all the wealth and are now sitting on their nest egg, as they watch the system burn in front of them. The ability to tap into that resource, would fuel any economic recovery, but how can that market, which has staggering economic potential, be tapped into?
Well, we have found a solution…
Cause the cost of living to increase substantially, causing the younger generations to have no prospect of an economic future, while living off those who benefited from an economic system.
But what happens to those who don’t have parents who benefited economically from the system? What happens to those who are trying to survive during this crazy economic transition? And what happens to their children…..
We have to see that those who have everything need to stop abiding by the current system. Yes, you have made your nest egg and are living your golden years while the generations to follow have seen their entire net worth stolen before they were born.
Our country is so far in debt and those who have the funds will not share. How can an economic system function like this? The only possibility is through economic manipulation.
We have all heard that the economic data calculations has changed through the years depending on the administration in power. What this has caused is now we truly don’t have the real number to judge where we are economically. And if we do use those numbers, we are in a real world of hurt.
Inflation and the cost of living has taken its economic toll on the world. Ask any homeless person how they feel about the current employment structure and they will tell you its flaws. Money is funneled to those on top. Those who don’t share anything.
This has happened on a large corporate level but has also happened in our limited families. Those who benefited from being born during a certain economic cycle are seeing those who were not, and take more. Why does our society look upon those who lost everything, as worthless and below ourselves? They are just victims of our current economic system!
We all have the possibility of losing everything at any time. Many have rebuilt their wealth and deserve credit for their accomplishments. The problem is our system has allowed those who are no longer economically producing to own the liquidity within the system. The system must figure out a way to get the liquify to move within the system.
We have seen our society digress to level that our ancestors would have been ashamed of. Why wouldn’t we allow ourselves to create a system that will strangle our society into submission until we allow the nest egg to be used for survival?
Why else would you explain, from an economic view, why those in power would allow continued liquidity to be removed from the system during this time? Either by raising interest rates or causing the student loan moratorium to expire, both accomplish the same result, decreasing liquidity. Both together only increases the result.
But what happens to those who are already living on the razors edge and are barely striving to make their way? Do you truly think they will repay their student loans?
So the increase of defaults is the desired result. Thus limiting loan expansion when liquidity is again given to the banks. Allowing the money to funnel to the correct pockets is always the desired result.
Those who can align our individual economic prosperity with the economic movement that is underway, will benefit drastically during the transition (be it the release of the FedNow or increased lending from the banking sector) but those who don’t, will have limited options. How can anyone get a loan when they are in debt, have no job and are under threat of losing their residence? What kind of loans are available to this population that does not charge over 20% interest?
We have built a society that takes from everyone until those who did not figure out the game lose everything. We did this…. And now we get to watch our leaders remove the money from the system during a time when no-one has money.
Either this is a sick joke or a weird black mirror thing but how can we be doing this to each other? How can we see this and believe it is ok because it is our system?
