Is Biden Really Captain Crunch? Inflation Drives Fed Tightening = Crashing US Financial institution Credit score YoY (Now Solely 2.73%) – Funding Watch


by confoundedinterest17

Inflation began with Biden’s misguided warfare on US vitality, then Biden/Congress helped inflation with an epic spending splurge. The Federal Reserve counterattacked with Fed fee hikes.

Over the previous yr, The Fed Funds Efficient fee has risen and US financial institution credit score has crashed to 2.73% year-over-year.

Do I detect a pattern?

Since 2005, the crash in US financial institution credit score is trying like 2008/2009 yet again.

Whether or not Biden is Cap’n Crunch or Jerome Powell or Janet Yellen, they’re all crunching the US economic system.

 



Source link

Related articles

SM Power completes Civitas merger, expands Permian and U.S. shale footprint

SM Power Firm has closed its all-stock merger with Civitas Assets, Inc. following shareholder approval at particular conferences held Jan. 27. The mixed firm will proceed working underneath the SM Power identify.  The transaction...

At this time’s NYT Connections: Sports activities Version Hints, Solutions for Feb. 1 #496

Searching for the most up-to-date common Connections solutions? Click on right here for right this moment's Connections hints, in addition to our every day solutions and hints for The New York Instances Mini Crossword,...

XRP About To Make A New Wave Of Multi-Millionaires As Capital Floods In

Trusted Editorial content material, reviewed by main business consultants and seasoned editors. Advert Disclosure Capital is rotating again into high-potential crypto belongings, and XRP is rising as the first beneficiary of the shift. As...

Tesla overtakes Bitcoin on world asset leaderboard

Bitcoin has fallen to the Twelfth-largest asset globally by market capitalization, slipping behind...

AYANEO Pocket S Mini skips crowdfunding, with gross sales beginning now- Android Authority

TL;DR The AYANEO Pocket S Mini is on the market now to order, and it’s in inventory and able to ship. Earlier handhelds have confronted important delays in crowdfunding, so it is a welcome change. The...
spot_img

Latest articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

WP2Social Auto Publish Powered By : XYZScripts.com