The economy is addicted to easy money and cheap credit. But so is inflation. The Fed is staring into the abyss of hyperinflation and choosing to tighten instead. The problem is, this will trigger a crash, and soon. Right now, they are only reducing their monetary expansion. But as it will very soon become necessary, they will reverse course to "rescue" the economy once again.
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Fed Press Release: https://www.federalreserve.gov/newsevents/pressreleases/monetary20211103a.htm
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#taper #tighten #endthefed
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