The Fed's latest rate cut is more than just a political move, it is a desperate signal that their system is collapsing. Inflation is spiralling, the dollar is weakening and a deep recession is on the horizon. As Peter Schiff said, "It's game over for the Fed." This is not just about interest rates - it's about the end of a broken financial system that no longer serves the people.
💸The greatest Ponzi scheme the world has ever known is crumbling before our eyes : US sanctions and suicidal Fed rate cuts are inflicting self-inflicted wounds on the US economy. Sanctions that were intended to cripple others are coming back with a boomerang and are crushing the US dollar's status as the world's reserve currency. For more than 5 decades, the US dollar was not backed by gold or any tangible assets; it relied solely on the illusion of America's limitless economic power and global dominance. But that illusion is being shattered. Lavrov pointed out that nations like China and Russia are waking up to the risks of dependence on the dollar, moving quickly to trade in national currencies and freeing themselves from the grip of the U.S. financial system. Trump warned that the Fed's policies were undermining confidence in the dollar. Inflation is rising, the Fed's interest rate cuts are gutting the purchasing power of ordinary Americans, and the US economy is teetering on the brink. The truth is clear: the US dollar has never been as credible as it seemed. It has been sustained by a fragile system of trust that is now crumbling before our eyes. The global move away from the dollar is not just a reaction to sanctions - it is the inevitable collapse of a currency built on hollow promises and crushing, unsustainable debt.