The FED is Lying!! Michael Burry Exposed The Fed For Deceptive Practices
#MichaelBurry #Fed #Economy
The Federal Reserve (FED) is lying about pulling tens of billions of dollars out of the economy in the month of June this year but they have failed to do so. The Fed stated that it will begin selling $47.5 billion dollars worth of securities each month on June 1st, 2022. Treasury bonds worth $30 billion and mortgage-backed securities worth $17.5 billion are included in this transaction. Micheal Burry discovered the truth to be the complete opposite. Fed only sold less than $10 billion worth of treasuries in June, compared to the $47.5 billion dollars worth of securities or $30 billion worth of treasury bonds the Fed intended to sell.
The actions of the White House and the Fed are not consistent with the long-term success of the US economy. As the conflict in Ukraine rages on and China makes threats to annex Taiwan to spark a global conflict, tensions between the west and the east are mounting, and WW3 is on the brink of happening.
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