Jordy Meiselas

Right.

Like if you look at the moves they're making, it is affirmatively harming the economy.

And then it was the speech that Chairman Powell of the Federal Reserve gave last week.

And he gave a speech where he's like, basically, I'm paraphrasing.

The economy is doing terrible.

We're heading towards stagflation, meaning GDP is decreasing.

Unemployment is rising and inflation is rising.

This is more than what we previously expected.

So we may have to look differently at interest rates.

The stock market surged on that, like that was a good announcement.

And I'm sitting here going, what the hell are we doing?

What do you mean?

You think that's good news because we've broken the economy to lower interest rates, but who does that benefit?

The 1%, the billionaires, they can borrow freely and do whatever they want and recklessly.

One of the things they loved about the PPP program is that their connections to the banks gave them billions of dollars collectively that they got their debt forgiven afterwards.

They just got free money if we want to talk about it.

So they got free money from the government.

The richest people in the world were getting free government, free money from the government.

Then they got their debt forgiven.

Meanwhile, right now, one of the very, very scary stats is there are 6 million student loan borrowers who are about to be in default or who are in default.