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2023-02-04 Economy

The Fed Can Stop Choking the Economy Now

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Posted by Besoeker 2023-02-04 02:04|| || Front Page|| [6 views ] Top

#1 Maybe. The recent inflation news has been encouraging for a few months; but, then, in 1975 we also thought we had inflation licked.

The Fed has been tightening for some time; but we should view this against the backdrop of the $3 trillion they threw into the economy in 2020 (Fed Reserve Recent Trends)

They have just barely begun to sop this infusion of cash up. And the amount of money still in circulation from it renders the current tightening maybe too little, too late. Since we've never had an avalance of cash like this before, we are in uncharted waters. And I'll say no one really understands what's going on, including the Fed.

Posted by Tom 2023-02-04 07:16|| 2023-02-04 07:16|| Front Page Top

#2 Quit giving banks all but zero interests loans to make interest bearing deposits by customers more attractive as a source of capital.

Posted by Procopius2k 2023-02-04 07:39|| 2023-02-04 07:39|| Front Page Top

#3 I dunno. I kinda like getting some interest from my savings account.

Posted by Abu Uluque 2023-02-04 12:06|| 2023-02-04 12:06|| Front Page Top

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