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Let Quantitative Tightening run off the Fed balance sheets entirely and see what happens with bankruptcies and the economy more generally. With the amount of mo
by treebeard901 9mo ago
Let Quantitative Tightening run off the Fed balance sheets entirely and see what happens with bankruptcies and the economy more generally. With the amount of money created over the past few decades, it's difficult to know how much of the economic activity is just Govt debt spending. If you compare this to the total amount of debt created in that time and the percent of GDP to service the debt, much less create more to sustain the system, it will all come crashing down.
Never underestimate the Govts ability to kick the can down the road and delay the inevitable.