If you read this post below in full — you will learn the useless origins of the FSOC.
That being said, the FSOC and the organizations that convene under its banner, while largely run by Dog Kings, has immense power.
Something is about to buckle under the tremendous weight of all these Dog Kings sitting on their thrones. All the while, debasing your currency, and looking around the room for a scapegoat.
“Inflation is transitory.”
No, inflation is persistent until monetary & fiscal policy become aligned with reality. Alternatively, inflation will turn around when aggregate demand drops sufficiently. Which means artificially creating a recession, or depression. Which is what the Federal Reserve is doing, intentionally.
Instead, they’ll just print more money and cram the banks full of cash to keep them on life support.
The sheer amount of mismanagement & malfeasance going on across the entire banking sector, inclusive of regulatory agencies & the Federal Reserve, is hard to describe.
For more on this topic:
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And Yellen is in heat.✝️🇺🇸