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Federal banker becomes new COVID authority–says we need full ‘real hard’ lockdown to save economy

5-8-2020 < SGT Report 22 407 words
 

by Shepard Ambellas, Intellihub:


We need “to lock down really hard”


President of the Minneapolis Federal Reserve Bank and former Assistant Secretary of the Treasury for Financial Stability under the Bush and Obama administrations Neel Kashkari says the only way to save American lives from COVID-19 is to fully lock down the entire nation and all of its inhabitants.



“That’s the only way we’re really going to have a real robust economic recovery,” the American banker told CBS’s Face the Nation. “Otherwise, we’re going to have flare-ups, lockdowns, and a very halting recovery with many more job losses and many more bankruptcies for an extended period of time, unfortunately.”



“If we don’t do that and we just have this raging virus spreading throughout the country with flare-ups and local lockdowns for the next year or two, which is entirely possible, we’re going to see many, many more business bankruptcies.”


— Neel Kashkari



However, the truth of the matter is that the Republican Federal Reserve banker just wishes to secure another stimulus package bailout for the Fed worth trillions of dollars in a last-ditch effort to prop up the economy one last time before it becomes fully blown out. Not to mention, as I predicted in February of 2020, the lockdowns will continue for years to come–Kashkari stated this as well.



“I mean if we were to lock down really hard, I know I hate to even suggest it, people will be frustrated by it, but if we were to lock down hard for a month or six weeks, we could get the case count down so that our testing and our contact tracing was actually enough to control it the way that it’s happening in the Northeast right now.”


— Neel Kashkari



To top it all off, Kashkari believes he can convince the general public that having their businesses shut down and forcing people to stay at home with no pay will somehow get the economy bustling again when in all actuality the bankster’s plan makes zero sense.


The bottom line is, the Fed is preparing to receive another multi-trillion-dollar bailout which can only mean one thing–the fire sale has intensified and we are nearing some other major event as I have previously speculated.


Read More @ Intellihub.com



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