⚡️🇺🇸 NEW - $11.5 trillion BlackRock CIO Rick Rieder calls for the Federal Reserve to lower interest rates.
https://blossom.primal.net/c200c8f10d0d00d56be61c71fa6b142ad93ec6a74c87098a78a5df25ed5048e1.mp4
Discussion
Now that the ACTUAL boss says it, something will happen.
Que bono ? Who benefits? Does my credit card rate go down ?
Looks like a certain somebody is benefitting from monetary expansion.
Powell need to raise rates to 10% or better yet .. just let the bond market decide. Sell all the treasuries , sell all the mortgage backed securities.
We know, they want a weaker dollar.... to keep taxing us.