I recommend reading up on monetary policy and the Federal reserve (and watch videos) and you will understand what I mean and how it fits into Annand's description of the world (it compounds the problem). It's a lot worse than you think.

I recommend also doing your own research to verify all the facts. I had a hard time believing some of the facts presented but all checked out so far.

Hidden Secrets of Money: https://youtu.be/iFDe5kUUyT0?t=69

An interesting recent discussion I found which discusses the current state of the economy: https://www.youtube.com/watch?v=kGsp45JbvnU

Actually the second one is eye-opening for anyone who wants to make sense of the current situation.