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The Fed is guaranteeding economic contraction.. This is going to be an outcome of their continued easing. While many believe the Fed is tightening, they are not. They are not unwinding the $4 trillion in reserce assets that were issued out over the last decade plus.
In this video I discuss how bank lending is contracting, meaning that dollars are not getting out into the economy. Added to that fact is, through the massive stimulus, we sucked a massive amount of dollars out of the global economy. Now the banking system is bursting at the seams with cash, something that is not good for anyone.
Ultimately, this will lead to economic decline. It is unavoidable.
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