how much money they need to keep in reserves. When the Fed lowers that requirement, then banks can make more loans, meaning they put more money into the economy. The second way is through the discount rate, which is the rate that banks can borrow money from the Fed. The lower this rate is the more borrowing and loaning they can do. The third way is through open market operations, which is basically QE, where the Fed buys treasuries and other securities from banks, shoveling more money out into the economy. The Federal Reserve announced a new bond-buying program and other monetary policies to do what was necessary to maintain liquidity and confidence in the economic system. Those policies worked, and the market quickly rebounded. By August of 2020, it had recovered all of its losses, something few expected during the crash in March of 2020. In the first quarter of 2021, 15% of U.S. homes sold were purchased by corporate investors — not families looking to achieve their American dream. While they’re competing with middle-class Americans for the homes, the average American has virtually no chance of winning a home over an investment firm, which may pay 20% to 50% over asking price, in cash, sometimes scooping up entire neighborhoods at once so they can turn them into rentals. If the average American is pushed out of the housing market, and most of the available housing is owned by investment groups and corporations, you become beholden to them as your landlord. This fulfills part of the Great Reset’s “new normal” dictum — the part where you will own nothing and be happy. This isn’t a conspiracy theory; it’s part of WEF’s 2030 agenda. The unstated implication is that the world’s resources will be owned and controlled by the technocratic elite, and you’ll have to pay for the temporary use of absolutely everything. Nothing will actually belong to you, including your home. All items and resources are to be used by the collective, while actual ownership is restricted to an upper stratum of social class. The wealth transfer has already begun.
clxxi
Powered by FlippingBook