Tuesday, March 21, 2023

Powerline Charts






These three charts are the deteriorating vital signs of our banking system … IMHO brought about initially because Jerome Powell wanted to be reappointed head of the Fed … he continued Quantitive Easing to accommodate insane Biden spending … then, remember “inflation is transitory”delayed action … then frantic corrective interest rate increases … then Quantitive Tightening!


All not worthy of our monetary gurus …


And the fix is NOT guaranteeing all bank deposits!



STAND UP TO CONSEQUENCES!



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