it's time to say goodbye to the middle class

it's time to say goodbye to the middle class because the Federal Reserve in no uncertain terms just stated that they are about to increase interest rates. Let's talk about it. The Fed is committed to reducing the national inflation rate to 2% rather than its current 4% and the Fed's main tool to cool inflation is to raise interest rates. Okay so what does this mean and why does this spell doom for you if you don't act now? So an increase in inflation rates makes it more difficult and more expensive to take out loans and to borrow. Interest rates are the amount that the lender charges the borrower which is a percentage of the original loan. What that means is that a bank lends you money either through a loan or through credit and they charge you a fee ordinarily once a month until you're able to pay that loan back. So higher interest rates make it more expensive not only to take out loans but also to try to pay it back. We are currently in a debt crisis and also a banking crisis in a recession with high inflation. So while you're unable to pay off your debt because of the high interest rates your cost of living is also increasing. So while these high rates cool inflation the issue lies in the in between. So this was going to happen to the American economy during the next few years as major world changes begin to take shape. Unemployment is going to skyrocket, the American dollar will continue to depreciate, we're going to see the debt bubble collapse, just going to see Social Security get completely wiped out as well as 401k's, the stock market will crash, the housing market will also crash, the banking system which are already losing deposits will crash as banks struggle to be able to hold on to the depositors they already have and in addition to the liquidity crisis we're currently facing. And while the system is crashing starting next month they're going to begin to introduce this new banking system that will be built upon centralized blockchain technology. And on the world stage the dollar will lose its reserve currency which will result in a world conflict and to either begin or in the middle of this conflict we will have an attack on our electrical grid which will further crash our system and worldwide citizens will begin to have their jobs replaced by artificial intelligence and advanced robotics which will be further bolstered when we have a repeat of what happened in March of 2020 and we will also see the weaponization of weather but that's a different conversation. All of these events with the fall of the western nations and the rise of the BRICS nations will result in the crash of our current world order and be replaced by a new world system where the answer to supply chain and food shortages etcetera will be to centralize everything through governments which are owned by banks which are owned by private interest groups. But now is not the time to feel hopeless, there is still time to prepare adequately. Follow the link in my bio and click the first tab to learn how to do just that. There is still time but you do have to act now. If you have any questions or need help please reach out. Become adaptable.