Zero Hedge: Last week, the Federal Reserve announced it will maintain an interest rate target of zero to 0.25 percent for the rest of 2021. The Fed said it will also continue its monthly purchase of 120 billion dollars of Treasury and mortgage-backed securities.
Some Fed board members are forecasting a rate increase by late 2022 or 2023, though with the rate still not reaching one percent.
“He causes all, both small and great, rich and poor, free and slave, to receive a mark on their right hand or on their foreheads, 17 and that no one may buy or sell except one who has [a]the mark or the name of the beast, or the number of his name.” Rev. 13:16-17
Last week, the Federal Reserve announced it will maintain an interest rate target of zero to 0.25 percent for the rest of 2021. The Fed said it will also continue its monthly purchase of 120 billion dollars of Treasury and mortgage-backed securities.
Out-of-control inflation played a major role in the collapse of the German economy in the 1920s, which led to the rise of the National Socialists.
