Fed buys bonds = no price discovery on bonds
HFC Algos front run and buy shares = no price discovery on stocks
Private Fed now monitezes over 70% of US debt = basically a default since in buying a US bond, you end up being paid back in monopoly money.
Wonder why the debt ceiling needed to be raised to avoid a debt default? They just needed to borrow more money to pay back what they had already borrowed = Ponzi Scheme.
However, as long as the people at the top don't lose money (they won't since they get fist dibs on the "hot money"), this madness will continue. Expect to lose purchasing power, also expect the economy to get *worse* due to **malinvestment** (no real price discovery to know where the money/investment needs to go).
Basically most of the West are now running a Ponzi Finance - crony capitalism system (command/socialist if you prefer) style of "economy". This is utter BS, we're living under a financial Oligarchy or Plutocracy. In Europe they are now talking about setting up a Pan-EU economic system run from Brussells (don't let a good crisis got to waste.....). Hey in 4-5 years you get to choose between 2 preselected establishment turds who have no power to do anything (even if they wanted to...). Enjoy the shit sandwitch, there's dog poop or cow poop the "choice" is yours!