Remember, QE was only temporary.
It's not just rates, Nick. QE massively exacerbates wealth inequality. #CantillonEffect @neelkashkari pic.twitter.com/Eg4WIJb9GH — Rudy Havenstein, Your Single-Source Of Truth® (@RudyHavenstein) July 15, 2021 I
Be on the lookout tomorrow to find out exactly what we have in store. It will be a pivotal moment in the history books that are written by the fall of the Dollar.
The Fed is going full bore with their money printing to induce inflation ABOVE their historical 2% target.
Capitalism is nothing more than an idea that is given lip service by people who like to pretend that what the Fed is doing is natural and necessary.
The Fed has incited a nonsensical mad dash for inflation that is fighting against the natural forces of price deflation afforded to us by advances in technology and other sectors.
Our boy Jerome has put himself in a logical pickle here.
Money is not something that should just be "created" on a whim.
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