- Dec 12, 2019
- Reaction score
I wish I knew more about this stuff, but that sentence makes no sense to me.
Wrap your mind around what is happening.Fixed it for ya.
Wrap your mind around what is happening.
Fed raises rates which is QT but lends unlimited money to banks which is QE, they are at the end game.
All we can do is deflect maximum damage, but everyone will pay in some form.It certainly seems that way. I don't think anyone will be able to avoid what is coming. Do you? At least, not to remain completely unscathed from the events. A few managed to survive the Great Depression and an even fewer managed to profit in the long run. The ones that profited were typically able to gobble up the smaller guys and have a near monopoly on whatever they chose to invest in. But that took 15-20yrs to truly realize the full potential of their investment.
All we can do is deflect maximum damage, but everyone will pay in some form.
Stop spending money on frivolous things.
Get out of revolving debt.
Hold 30-60 days in cash.
Hold 90 days in food, water, meds and supplies.
Hold physical commodities.
Have cash saved for the coming deals.
Find a group of likeminded folks near your home.
Prepare mentally, physically and spiritually.
They are claiming it's not QE but the fed added 400 billion to their balance sheet in the last 2 weeks or so.So, if I understand correctly, the Federal Reserve is going to be raising interest rates (QT) and dumping shit tons more money into the system (QE) at the same time?
Which essentially means, simultaneously stifling the economy and causing massive inflation.
Is that correct?