"This week, everyone wants to look at the stock market going down. You know what else went down? Oil prices went down almost 15% and interest rates hit their low for the year, which impacts working Americans much more than the stock market does."
Discussion
I mean interest rates benefit the wealthy more but YES.
And we shouldnt worry about others benefiting, no?
Obv interest rates are still subsidized by Fed balance sheet anyway.
We’ll see what happens there. If their balance sheet starts increasing again… that’s to help the already wealthy and the fundamental banking institutions.
Most people posting to NOSTR know that magic balance sheet dust is the bullshit that powers the corrupt.
Hi bacsamm 🏴☠️🤟😉 nice to meet you. 😉