Economic Collapse

[shermann7]

Although the Federal Reserve is not really part of the Federal Govt, it does set the Federal Funds Rate, the Discount Rate, and Open Market regulation. That is for starters.

The real point he is trying to make is that that certain things are declining for the average person such as:

Prices are going up faster than both return on investment and income earned.

Mandatory purchases are rising as a % of income resulting in less discretionary spending.

Overall, Taxes are rising which is a combination of Federal, State, and Local taxes.

This also has taken place for decades and will continue into the foreseeable future.

Shermann