Never forget what happened when workers gained leverage against their employers not long ago. The Fed panicked and pulled economic levers to increase layoffs to… get this… save the economy.
When employees having any leverage with employers is literally considered an economic crisis, and the most desirable “solution” to those in power is to incentivize employers to lay off laborers, that should tell you all you need to know about whether it’s interests and yours align.
The fed exists to make meaningful private shareholders richer at everyone else’s expense, full stop.
Another headline where “the economy” means “rich people’s yacht money.”
Always has.
Never forget what happened when workers gained leverage against their employers not long ago. The Fed panicked and pulled economic levers to increase layoffs to… get this… save the economy.
When employees having any leverage with employers is literally considered an economic crisis, and the most desirable “solution” to those in power is to incentivize employers to lay off laborers, that should tell you all you need to know about whether it’s interests and yours align.
The fed exists to make meaningful private shareholders richer at everyone else’s expense, full stop.