Friday, March 10, 2023

Quotable Quote

 


Increasing monetary liquidity (also known as quantitive easing), once introduced into a financial system … is virtually impossible to remove without causing a financial crisis. — Fletcher


(No matter what Ben Bernanke, Janet Yellen or Jerome Powell have professed to the contrary.)


Afterward: And the Federal Reserve has learned to deal with financial crises by pumping even more money into the economy! 


After afterward,: Depending on how contagious this SVB failure becomes, the chances are good that the Fed will stop raising rates … and reducing liquidity by shrinking its balance sheet.


STAND UP FOR OBVIOUS TRUTHS!


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