
US Treasury Secretary Janet Yellen has warned that the outlook for higher interest rates will make it more challenging to manage federal debt and deficits. Yellen emphasized the need to boost revenue in negotiations with Republican lawmakers to address the growing borrowing needs of the US government. The Federal Reserve's new 'higher for longer' rate stance highlights the increasing concern over the growth of the federal debt. Critics argue that the government's efforts to justify lower interest rates are aimed at artificially inflating assets held by the wealthy, while some believe that inflation data is being manipulated to support these policies. Some have suggested opting out with Bitcoin as a response to these economic challenges.
The Fed’s new “higher for longer” rate stance spotlights a looming problem for the U.S. economy: the growth of the federal debt, write @BennSteil and Elisabeth Harding. https://t.co/vESwO9PgZO
The whole goal of the government is to convince you inflation is *lower* than it is. If you think it is 2-4% but it is really 6-7% that's more money they can steal from you.
Headline: "Yellen Says Higher Path for Rates Boosts Need to Lift Revenue!" HIDE YOUR WALLETS. This administration is coming after you. Spend unimaginable amounts of $ they don't have & then look out. The greatest financial con job in our history & it comes from DC. #debt #taxes


