Independent Senator Bernie Sanders says the Federal Reserve System, which is the central banking system of the United States, is “hurting” the economy more than helping it.
The Federal Reserve was created when the US central bank was privatized through the US Federal Reserve Act of 1913. The Fed has been raising interest rates to try to tamp down inflation in the US.
Asked whether the Federal Reserve’s recent actions have helped or hurt the economy, Sanders told NBC on Sunday, “That’s not what we should be doing.”
“It is wrong to be saying that the way we’re going to deal with inflation is by lowering wages and increasing unemployment,” Sanders said.
Raising concern about inflation, the independent senator said “at a time when working families are struggling and the people on top are doing phenomenally well … you don’t go after working people.”
Federal Reserve Chair Jerome Powell has acknowledged the hikes could cause more unemployment and even lead to recession......More Here---->
All warfare is based on deception. Hence, when able to attack, we must seem unable; when using our forces, we must seem inactive; when we are near, we must make the enemy believe we are far away; when far away, we must make him believe we are near. Sun Tzu, The Art of War
The Empire of Chaos is relentless. Lawfare, destabilizations, sanctions, kidnappings, color revolutions, false flags, annexations: 2025 will be the year of BRICS – plus BRICS partners – as choice targets under fire.
Inestimable Prof. Michael Hudson coined “chaos” as official US policy. That’s bipartisan – and it runs across all silos of the Deep State.
In the absence of long-term strategic vision, and amidst the progressive imperial expulsion from Eurasia, all that’s left for the Hegemon is to unleash chaos from West Asia to Europe and parts of Latin America – a concerted attempt to Divide and Rule BRICS and thwart their collective drive affirming sovereignty and the primacy of national ...
While NATO may be yearning to take on Russia in the Arctic, many of its troops lack the necessary expertise for survival in such extreme conditions.
Although NATO forces regularly participate in drills in the region, many remain unprepared for the harsh realities of Arctic life.
Though NATO forces routinely participate in the bloc’s drills in the region, many of them are still not prepared to survive in the Arctic’s harsh conditions, The Sun reports citing Minna Alander, a researcher at the Finnish Institute of International Affairs.
"Not all NATO allies have the capabilities that are needed and that work in the Arctic environment and climate,” Alander said.....more below