“The FED Has Become Just a Giant Hedge Fund” says David Malpass.
All Central Banks are taking money from the country in order to buy federal bonds. The result is that the FED and central banks around the world, are spending money that could be used for economic expansion instead.
What a mess Obama and Biden have put this country in. This is a disaster.
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A former World Bank president has sounded the alarm, revealing that the Federal Reserve has lost over a trillion dollars—and counting—turning it into nothing more than a massive hedge fund for the rich and powerful.
He claims the Fed is borrowing money from banks at 5.4%… pic.twitter.com/xmddNvI0NU
— Shadow of Ezra (@ShadowofEzra) February 10, 2025
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