4 Comments

As long as it works, they'll keep up this charade. Linking again @https://nothingnewunderthesun2016.com/

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Nov 4, 2023·edited Nov 4, 2023Liked by Peter Nayland Kust

"Bidenomics" sucks.

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Everyone else says rates will be unchanged until Summer then it’ll be lowered. Thank you for detailing “the Federal Reserve is shrinking its balance sheet and shrinking the money supply, and that’s going to push interest rates up regardless of what the federal funds rate does.”

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author

The federal funds rate is what may remain unchanged.

Problem is that the federal funds rate is largely irrelevant.

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