The New Fed Chair's Plan To Reset The Entire Money System (Nobody Is Ready)

New Federal Reserve Chair Kevin Worsh Calls for Regime Change00:00

The new chair of the Federal Reserve is openly calling for a complete regime change at the institution that controls the cost of money in America. If implemented, this could reset the Fed's balance sheet, how much it intervenes in the markets, the way they calculate inflation, and even the way interest rates affect savings, investments, and mortgages.

Jerome Powell Staying on as Fed Chair00:31

For the first time in 75 years, former Fed chair Jerome Powell will not be stepping down. This means both Kevin Worsh and Jerome Powell will serve simultaneously with very different philosophies. The last time a similar situation occurred was in 1948 when President Truman personally requested the Fed chair stay on longer. Powell is staying citing unprecedented legal attacks. This is the most unusual transition of leadership in three quarters of a century.

Kevin Worsh's Four-Part Reset Plan02:30

Kevin Worsh has repeatedly stated he would implement a regime change shortly after appointment. During recent Senate hearings, he outlined a four-part plan.

Part 1: Aggressively Shrinking the Fed Balance Sheet03:01

The Fed currently sits on $6.7 trillion in bonds and mortgage-backed securities purchased during COVID and the 2008 financial crisis. Worsh believes this is too large and stated that taking down the balance sheet by a couple trillion dollars over time would turbocharge the real economy. A smaller balance sheet would mean less market distortion and lower inflation risk premium. Critics argue this could cause the stock market to fall while raising interest rates simultaneously.