The Truth About The Stock Market Crisis. Prepare Yourself.
The recent drops in the stock market could be a preview of things to come as the US government and Federal Reserve’s Quantitative Easing policies officially end, with the Fed Reserve still tossing banks billions of dollars to remain liquid even as they raise interest rates for the first time in 10 years.
Free Houses for Minorities?
The federal government started buying up mortgage backed securities after a massive round of handing out loans to unqualified home buyers under the Obama era. After the program was seen as a failure, it’s been quietly swept under the rug, while artificially propping up home prices to even higher highs, now making home ownership out of reach for many Americans, according to Stefan Molyneux.
The Federal Reserve has also been notoriously buying up bad investments and its own Treasury notes in an attempt to artificially keep the markets stable after terrible policy decisions made based on political correctness. In essence a massive scheme and a scam, all the bond-buying an securities the government has been purchasing is a de facto stimulus program, or another bank bailout. The government is officially guilty for trying to meet diversity programs and encouraging banks to lend to unqualified buyers, and it has caused a massive housing bubble that is ready to pop.
$85 Billion in buying up debt per month in 2013
The government buy-ups of failed securities and instruments hit a peak in 2013 when the US government started buying up 85 billion every month of them. Imagine the wider effects this artificial picking of winners and losers has had on the average American, with many Americans now having no chances of home ownership. And this shakedown and shake-out of real potential buyers has resulted in the banks and the government owning the private property that Americans should be owning.
Under any other political system this might be called communism. But in America, it’s called stimulus. With all the irresponsible actions of the central bank and the government, there has never been a better time to get an IRA rollover to gold, since the stock markets are largely dependent on the banks and the Federal Reserve, whose actions demonstrate this type of manipulation does not last forever. Consider 2008 if you need more proof of what happens when a few big companies get bailed out for their irresponsibility, and in the process create a nation of renters.