In chart form….
The best evidence of what you are talking about?
The praise heaped on the Fed for saving us! Its the Fed that is authoring one crisis after another. Note also that the crises and imbalances are constantly getting bigger, not smaller! pic.twitter.com/1uvJa88zbF
— Peter Schmidt (The 92ers) (@The92ers) May 16, 2021
Mind boggling Powell gets away with this bullshit unchallenged when even billionaires are openly admitting it.t.co/GCkIcIs0Xi
— Sven Henrich (@NorthmanTrader) May 15, 2021
The secret is out. It can no longer be denied.
The Federal Reserve is the greatest engine of inequality.
Why you should care:t.co/DWegnM1NrR
— Sven Henrich (@NorthmanTrader) May 16, 2021
I hear all the time that we can sustain higher debt levels because interest rates are low. I don't get it! Our central banks are keeping rates low, which is why their balance sheets are rising. So this debt sustainability point boils down to fiscal dominance of monetary policy… pic.twitter.com/sm5WBOpAPN
— Robin Brooks (@RobinBrooksIIF) May 16, 2021