Josh Sigurdson talks with author and economic analyst John Sneisen about the Janet Yellen and the Federal Reserve’s choice to raise interest rates right as we approach Donald Trump’s inauguration. It’s convenient to crash the economy right as Trump gets in, so that they have a scapegoat. The vast public will blame less government, less regulations, less taxes when in reality it’s the private apparatus the Federal Reserve.
Interest rates shouldn’t be lowered or raised. It’s all artificial. The monetary system and the markets are both artificial and it creates the Hegelian we face on a day to day basis. Problem, reaction, solution, repeat. Devalue, create debt, cause inflation and then make it worse all while regulating small businesses out of the market and monopolizing major corporations favored by the state.
It’s a good thing to reduce regulations and loosen the stranglehold on small businesses. It’s also excellent to remove the extortion racket currently being perpetrated by the state which Trump claims he will be doing. However, it doesn’t matter. As long as the Federal Reserve is enslaving the country in debt through worthless currency and manipulative control, nothing will change.
John Sneisen goes into how interest rates affect the people and the difference between manipulated interest rates on the social contract and natural interest rates on the private contract.
Stay tuned for more from WAM!
Video edited by Josh Sigurdson
John Thore Stub Sneisen
Graphics by Bryan Foerster and Josh Sigurdson
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