Thread: BREAKING: MASSIVE ECONOMIC FRAUD! - US Treasury Is Robbing The People!

BREAKING: MASSIVE ECONOMIC FRAUD! - US Treasury Is Robbing The People! - With Tim Picciott

BREAKING: MASSIVE ECONOMIC FRAUD! - US Treasury Is Robbing The People! - With Tim Picciott

BREAKING: MASSIVE ECONOMIC FRAUD! - US Treasury Is Robbing The People! - With Tim Picciott





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Summary
Josh Sigurdson talks with Tim Picciott, The Liberty Advisor about the absolute conning of the American people with Treasury Secretary Scott Bessent's latest plan to hit the Treasury General Account up for $1 trillion for a bond buyback scheme ...

Tim gives an example using mortgages:
Imagine you want to swap your 30 year mortgage rate at 5% for a 1-year adjustable rate mortgage at 4%, so they are not paying anything down, they are swaping things around ...

Eventually, when inflation gets more out of control and the debt keeps getting rolled over, instead of having some of the debt maturing in 30 years, 20 years or 10 years, its going to be maturing constantly.

This will make it a really tough position for the Fed to ever raise rates, since the amount of debt rolling over is so huge.

What happened in 2007 or 2008?
People got teaser adjustable rate mortgages to get reset in a couple of years, but they couldn't afford it when they got reset--

Now, the government is making it so that way EVERYTHING is going to be reset. It might sound good on the short-term, but long-term, it is NOT ...

The Federal Reserve can only control the overnight lending rate between the banks ...

Everything they are doing is getting the noose tighter around people's necks ...