Re:America’s banks are missing hundreds of billions of dollars
by refurb on Wednesday March 22, 2023 @02:29AM
(#35257522)
There were economists warning back in 2008-2010 the dangers of it.
Despite the Fed being “independent” they are under enormous pressure from the government.
The prediction was that when it was time to stop printing money the Fed wont do it fast enough since the political pressure to keep the economy going will be too high.
Despite the Fed being “independent” they are under enormous pressure from the government.
The prediction was that when it was time to stop printing money the Fed wont do it fast enough since the political pressure to keep the economy going will be too high.
Pretty much exactly what happened.