In this video, I talk with Tim Picciott, The Liberty Advisor about the constant push for extensions to the lockdown as Neel Kashkari of The Federal Reserve asks for 6 more weeks of lockdown.
The problem? The economy simply cannot sustain a longer lockdown and millions are set to be homeless. In fact, almost 1 in 10 people are set to be homeless by the end of the year and the majority of small businesses are to go under as they run out of cash.
Still, we keep hearing about the need to have a longer lockdown. Other Federal Reserve policy makers are calling for a longer lockdown and say that economic growth will be muted until the end of "this." When the "end" will be is a whole other question that cannot be currently answered. In fact, if the Federal Reserve has their way, this could last for many more years if people stay complacent about it.
All the while, there are a lot of conversations being had about bonds, treasuries and gold. In this video we break down this latest news and explain it to the best of our ability!
Stay tuned for more from WAM!
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One of the best solutions to the armagedon caused by the government (lockdown): Agorism. And some of its tools: OpenBazaar, Particl Marketplace, Bitrefill.