by Michael Snyder
The Economic Collapse Blog
We aren’t supposed to question anything that the Federal Reserve does. We are just supposed to quietly accept their decisions and move on. Sadly, most Americans don’t even realize that the Federal Reserve has far more power over the economy than anyone else does. We often talk about the “Biden economy” or the “Trump economy”, but the truth is that the Fed is much more responsible for our economic performance than the White House is. So the fact that the Fed just made an “emergency move” that is normally only reserved for times of crisis should deeply alarm all of us. Has the Fed made this move for a secret reason that they aren’t telling us?
On Wednesday, the Federal Reserve reduced interest rates for the very first time in more than four years…