“The Federal Reserve has made mistakes every step of the way.” – Steve Bannon’s War Room: Pandemic

Phillip Patrick of Birch Gold Group joins Steve Bannon’s WarRoom to talk about the debt trap and the prospect of the middle class being completely wiped out. Much of the country’s economic problems stem from the Federal Reserve which Bannon and Patrick unpack in today’s segment.

“These are the people who bail out the banks. This week, banks borrowed an all-time high $164.8 billion from the Fed in one week. That’s 33% more than the worst week of the crisis in 2008. Nationalization in one sense is absolutely fine, but in many ways proper nationalization would be better, at least we would get a return on our investment. We get all the downsides here without any upsides.

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