Personal Finance

Fed Cuts Rates to ZERO! Announces $700 BILLION Quantitative Easing!

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The Federal Reserve just cut rates to 0% for the first time since the 2008 financial crisis. They also announced QE4 (aka QE5 for those following my channel since the Repo Market injections started in September of 2019).

In this video I explain why the fed cut rates, what quantitative easing is, and how it affects us as the everyday consumer.

This rate cut will affect mortgage rates, credit card rates, student loans, car loans, and savings account interest rates.

The last time rates were at 0% was November of 2015. The Fed Fund Rate has been lowered by 1% (huge cut) to 0%-0.25%.

Will all of this money printing lead to inflation, hyperinflation, or even stagflation?

Watch until the end of the video to hear my thoughts.

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