When something is wrong with the economy.
Banks park funds at The Federal Reserve in an attempt to soothe themselves.
Nothing has been the same since the housing bubble of the 2000s, the resulting banking meltdown and the takeover of the economy by The Federal Reserve.
And since the 2000s housing bubble and financial crisis, The Federal Reserve has taken control of the economy resulting in M2 Money Velocity crashing to historic lows.
UBS ran a simulation that shows stocks could lose up to 50% under rare stagflation scenario.
And The Fed says “Hold on, we’re coming!”
My reaction to Biden’s Build Back Better spending spree and The Fed keeping rates repressed.
