The Fed Hikes, Credit Tightens and Commercial Real Estate Looks Like the Next Problem for Banks
The Breakdown
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The Fed May Not Be Looking at M2 Money Supply Growth
M2 money supply growth is a particularly troubling data point. Money supply shrank by 2% last year, the first contraction since the Great Depression. Sconda Amarnath, the executive director of Employee America, pointed out that the excessive tightening outside of the Fed's influence presents a dangerous situation.
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