SPXT - The Federal Reserve Is Dominating The News: Not Good
- As the current financial situation has gained more and more attention, the Federal Reserve System and its leader, Jerome Powell, have garnered more and more press.
- Times are good when the Federal Reserve draws no attention from the press, so that a time like this can be looked upon as a time when markets are distorted.
- The build up to the current situation has covered decades and the Fed has contributed all along the way, supporting a continuous credit inflation of the economy.
- The Covid-19 recession pushed the Fed to another level and now we are faced with the fallout of a long period of credit inflation followed by a culminating explosion of debt.
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The Federal Reserve Is Dominating The News: Not Good