Federal Reserve Buying Up MASSIVE Amounts Of Debt! – Bubbles Are Bursting & The Dollar Is CRASHING! (Video)
Federal Reserve Buying Up MASSIVE Amounts Of Debt! – Bubbles Are Bursting & The Dollar Is CRASHING! Video – WAM
Josh Sigurdson talks with author and economic analyst John Sneisen regarding the massive buy-up of mortgage bond debt by the Federal Reserve.
According to Reuters,
“The Federal Reserve bought $7.029 billion of agency mortgage-backed securities in the week from Sep. 28 to Oct. 4, compared with $6.937 billion purchased the previous week…”
On top of all of this, the Fed is selling none of this debt!
Of course in 2006 and 2007, mortgage backed secrities were huge. As were collateralized debt obligations and credit default swaps. This vast manipulation of the markets based in debt and derivatives lead to the massive housing bubble burst/crash in 2007.
We are now seeing a huge return of mortgage backed securities as the Federal Reserve continues to print vast amounts of worthless fiat currency. The combination of market and monetary manipulation is brewing up an epic storm that’s due to touch down at any time. This will lead to a very subservient impoverished public.
John breaks down how this will affect the average person, how it struck in 2007 and how it will strike in the near future.
The bubble is inflating more by the day and it’s becoming more and more unsustainable. This is why people must be financially responsible and self sustainable. The state and banking system loves an indebted populace and individuals must get the upperhand and provide their own solutions.