The Federal Reserve has been unable to hit their 2% inflation target, but Lynette Zang, Chief Market Analyst at ITM Trading, contends that the central bank is getting prepared because they expect to lose control of inflation soon. She adds that it plans to quietly introduce a cashless system with an 18-step plan in 2021.
“This new system will enable the Fed to deposit money directly and give them absolute control of their policies. This coming UBI stimulus scheme will be the fuel that starts the hyperinflation fire since we are a consumer-driven economy; they have to get us to consume,” Zang tells our Daniela Cambone. This pandemic crisis is very convenient for central bankers, as it provides an excuse for all the systemic problems, she explains.