Budge wrote: ↑Sat May 27, 2023 3:20 pm
AstuteShift wrote: ↑Sat May 27, 2023 2:11 pm
This somewhat happened to Japan during and after its bust, small regional banks getting eaten up by the the big ones and its central bank gathering more and more power.
The FED, government never stopped QE, they just don’t publicize or they justify the free money via protection like SPIC and the like.
In the end, I’m sure only the mega banks will win at the end. Say good bye to mom and pop regional banks lol
Once we have CBDC the Fed might be the bank of last resort..no..er, first resort..no..er, ONLY resort.
At that point might have to remember the rhyme along the lines of sticks and stones may break my bones, but the Fed can kill with its cruel tone.
Sticks and stones may break my bones, or so the old saying goes,
But in this twisted world, the Fed's darkness steadily grows.
With a cruel tone and malevolent intent, they conspire,
To dismantle the middle class, their desires set on fire.
Through policies veiled in deceit, they sow seeds of despair,
The middle class left defenceless, caught in a web of snare.
Quantitative easing and low interest rates, their weapons wielded,
While the middle class suffers, their hopes and dreams are shielded.
The Fed's puppeteers pull strings, manipulating the game,
Weaving a tapestry of inequality, where only they claim fame.
They whisper promises of economic growth and prosperity,
Yet beneath the surface, lies a sinister reality.
The middle class dwindles, as the rich soar higher,
Struggling to make ends meet, their dreams crushed in the mire.
Each decision made by the Fed, a blow to their very core,
Suffocating their aspirations, leaving them yearning for more.
As inflation rises, their hard-earned wages wane,
The middle class trapped in a cycle of perpetual strain.
The Fed's grip tightens, squeezing out their wealth,
Leaving them vulnerable, like puppets in a play of stealth.
Their power eroded, their voices silenced and ignored,
The middle class deceived, their dreams shattered and floored.
In the shadows, the Fed dances, reveling in their might,
Leaving the middle class to suffer in the depths of night.
And so the final act unfolds, the Fed's victory in sight,
The middle class defeated, enveloped in eternal night.
Their dreams shattered, their hopes extinguished,
As the Fed's power triumphs, leaving them diminished.
With a heavy heart, we witness their downfall,
As the Fed's agenda prevails, devouring them all.
No flicker of hope remains, only despair and gloom,
As the middle class succumbs to their impending doom.
Sticks and stones may break their bones, but resilience fails,
The middle class crushed, as the Fed's darkness prevails.
In this dark play's tragic finale, their fate is sealed,
A haunting reminder of the power that can never be healed.
