Making 1932 Look Like a Church Picnic: The Four Converging Forces Leading to Economic Disaster.
2 years ago
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Making 1932 Look Like a Church Picnic: The Four Converging Forces Leading to Economic Disaster.
1). Deflation of assets
2.) Out of control inflation
3.) Supply chain breakdowns
4.) Green New Deal policies that fail to address pressing issues.
Ed Dowd: "The Fed will say they're fighting inflation and maybe raise [interest rates] one or two more times, but they're making a huge policy error and they can't raise rates; they're trapped. And that's why a new monetary system is coming, and this is all smoke and mirrors, and there's going to be all sorts of explanations as to why the economy is collapsing."
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