The Fed Just Made The Regular American Poorer

"They committed to cutting interest rates by another half a percent in 2024. They said they want to cut interest rates four times in 2025. And then they said they want to cut interest rates another two times in 2026."

"And so now we have the first wave of debts starting to readjust in 2024. and we have a larger wave of debt starting to readjust in 2025."

"They committed to cutting interest rates by another half a percent in 2024. They said they want to cut interest rates four times in 2025. And then they said they want to cut interest rates another two times in 2026."

"The first wave of debts starting to readjust in 2024. and we have a larger wave of debt starting to readjust in 2025."

"Between 2019 and 2024, the median income went up by 14% in America. Reported inflation between 2019 and 2024 is 23%."

"The national interest payments for the government are higher than our military expenses."

"When interest rates are cheap, institutions start to borrow more money... And when you can borrow money cheaper, you can make riskier bets. And when you can make riskier bets, you can also make stupider bets, which means you start to see the growth of more zombie companies, more companies that don't make any money and don't have a path towards profitability."

"In 2020, we had two emergency rate cuts when the pandemic happened. The Fed cut interest rates by 1 and a.5% and the stock market rose by 16% over the year. In 2019, the Fed cut interest rates by 0.75% and we saw the stock market, the S&P 500 rise by just over 28%."

"2008, the Fed cut interest rates by 4 and a/4%. The stock market fell by 38.5%. In 2001, the Fed cut rates by 4.75%. The S&P 500 fell by 9.1%."

"we are entering a new phase in the economy now with the Federal Reserve Bank committed to cutting interest rates."