Your Money Is About To Be Worth A Lot Less
In a Nutshell
The video claims the Fed is engineering a covert easing cycle by ditching forward guidance, changing inflation metrics, and pushing SLR exemptions so banks—not the Fed—can buy Treasuries, effectively laundering QE while pretending to tighten. This scheme is blocked by persistent inflation and a flattening yield curve, with success hinging on an Iran oil deal that would crash energy prices and give the Fed cover to cut rates. Without that deal, $8T in Treasury refinancing, leveraged hedge-fund buyers, and a new Fed chair could trigger a sharp market drop.
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A few days ago, the United States and Iran signed a deal to end one of the most destructive wars in decades. Within days, it fell apart. Israel continued bombing Lebanon, the agreement broke, and Iran shut the Strait of Hormuz again, meaning no more oil for the world.
The crisis returned. While many attribute this to Israel and Netanyahu, a more encompassing theory suggests an internal conflict in the profit-making machine between the military-industrial complex and the technological industrial complex. The military's forever war model is being shut down to make room for the technological industrial complex's AI buildout, which requires stability instead of war.
This theory explains why people who would never have criticized Israel are now doing so. Trump stated: "Without the United States, there would be no Israel. Israel would have been blown up a long time ago had I not gotten involved. Israel's fighting Hezbollah too long and too many people are being killed. And you don't have to knock down an apartment house every time you're looking for somebody."
Kevin Worsh kept interest rates steady, matching the CME FedWatch Tool prediction of over a 97% chance rates would remain unchanged. The S&P 500 closed down 1.2%.
Worsh announced he is dropping forward guidance, refusing to submit his own forecast. He stated: "I however have refrained from offering any projections of my own consistent with my long-held views on the SCP at least as currently structured." He also launched five task forces to review how the Fed talks, measures the economy, and inflation.
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