US Financial Conditions Loosest In Four Decades (But Will Fed Tighten? Biden Likely To Appoint 4 Doves To Fed, So Not Likely)

Sharing is Caring!

by confoundedinterest17

US financial conditions are loose as a goose. And drunk as a skunk.

Meanwhile, Federal Reserve Governor Randal Quarles will step down from the central bank in the last week of December, freeing up another vacancy for President Joe Biden to fill as he considers new leaders for the U.S. central bank. In October, the Fed announced that Fed Vice Chairman for Supervision Randal Quarles will be removed from his role as the main watchdog of Wall Street banks after his four-year-term officially expired.

See also  As Biden Goes Off-Script, White House Tech Team Cuts the Mic and Blasts Music

Now Biden has 4 Fed positions to fill. Given Biden’s ravenous appetite to spend your money (but not Hunter’s money), Biden will likely appoint 4 doves to keep interest rates low as long as possible.

See also  The World Tennis Association has shown more guts than the Biden administration, the NBA, Lebron James, Nike, Google, etc. etc. etc. Who saw that coming?
z

So, let’s join Joe and Hunter Biden down at the nightclub to celebrate the destruction of the US Dollar.

 

 

377 views

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.