Is Biden Actually Captain Crunch? Inflation Drives Fed Tightening = Crashing US Bank Credit YoY (Now Only 2.73%)
by confoundedinterest17 Inflation started with Biden’s misguided war on US energy, then Biden/Congress helped inflation with an epic spending splurge. The Federal Reserve counterattacked with Fed rate hikes. Over the past year, The Fed Funds Effective rate has risen and US …