The New Fed Chair Just Told Congress His Plan — He Left Out The Part That Steals Your Savings!

The gist

1. Financial repression keeps interest rates below inflation, eroding purchasing power by 2 to 4 percent annually and transferring wealth from savers to the government without an explicit default.
2. Bilyeu says the strategy uses three tools: SLR banking reform, the Genius Act forcing stablecoins to hold Treasuries, and a new Treasury-Fed coordination accord.
3. Bilyeu recommends keeping only 6 to 12 months of cash reserves and moving the rest into assets like real estate, commodities, gold, or Bitcoin that tend to rise with inflation.