US Treasury Secretary Janet Yellen has warned that the outlook for higher interest rates will make it more challenging to manage federal debt and deficits. Yellen emphasized the need to boost revenue in negotiations with Republican lawmakers to address the growing borrowing needs of the US government. The Federal Reserve's new 'higher for longer' rate stance highlights the increasing concern over the growth of the federal debt. Critics argue that the government's efforts to justify lower interest rates are aimed at artificially inflating assets held by the wealthy, while some believe that inflation data is being manipulated to support these policies. Some have suggested opting out with Bitcoin as a response to these economic challenges.
The Fedโs new โhigher for longerโ rate stance spotlights a looming problem for the U.S. economy: the growth of the federal debt, write @BennSteil and Elisabeth Harding. https://t.co/vESwO9PgZO
The whole goal of the government is to convince you inflation is *lower* than it is. If you think it is 2-4% but it is really 6-7% that's more money they can steal from you.
Headline: "Yellen Says Higher Path for Rates Boosts Need to Lift Revenue!" HIDE YOUR WALLETS. This administration is coming after you. Spend unimaginable amounts of $ they don't have & then look out. The greatest financial con job in our history & it comes from DC. #debt #taxes
JUST IN: ๐บ๐ธ US Treasury Secretary Janet Yellen warns higher rates will make it harder to keep debt under control. Opt out with #Bitcoin https://t.co/seJW1YmTXx
โJanet Yellen warns higher outlook for rates will make it harder to keep deficits and debt expenses under controlโ https://t.co/xU5kPsfkoh
Everything the government does is to justify lower interest rates to artificially inflate the assets held by the rich. https://t.co/I3AZAJJ998
"Treasury Secretary Janet Yellen said the outlook for higher interest rates over the long haul makes it tougher to contain US borrowing needs, heightening the importance of boosting revenue in negotiations with Republican lawmakers." Maybe cut spending too?
EVERYTHING the government is doing is to hide inflation so they can lower interest rates so they can spend more of your money on themselves and their owners, the donor class. Literally the government is lying to you in order to STEAL more of your money.
The elite will do anything to fake inflation data so they can inflate asset prices they own with zero work. Lower interest rates are simple universal basic income for the rich