Loading ...Re Trump complaining about USA has to pay the highest interest rate. Its been totally obvious to me since I was a kid, the Fed thinks the USA is a fat cat and can afford to fleeced, constantly lose money jobs etc to foreign nations. The foreign nations never lost until after the US consumer taxpayer threw up in the summer of 2008 crash.
Think about it. After 1913 they sucked us into WW I 1917. Inflated the economy caused a booming 1920s that crashed in 1930, and the confiscated all the gold in 1934. Outlawed ownership to locals. Because of trade deficits, USA lost half its gold supply at $34/oz between ’34 and ’71. In black markets it was$140/oz. Then in ’41 they sucked us into foreign War II.
After cutting the foreign leaches off our gold in 1971, they proceeded to take away our industries. 2008 was the tipping point. Reversal of the past. Even the President is a reversal of the normal useless presidents we had.