The Federal Reserve’s decision to cut interest rates marks a new chapter in the D.C. Cartel’s long march toward the bankruptcy of our nation.
Although the Fed’s move to cut rates and expand the money supply may provide some relief from higher interest rates for consumers and businesses, it does so at the expense of fueling the fires of inflation.
With prices for essentials rising over 20%, this move doesn’t prioritize the interests of the American people. Here are the five key things you need to know about the Fed’s rate cut and what it’ll mean for you and your family.
1. Federal Spending Real Cause of the Problem
The federal government has recklessly expanded in recent years, redirecting more of your hard-earned money into the hands of bureaucrats and their allies. Federal spending either can be paid for through taxes or borrowing.
Tax…