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The Fed's Decline
There's too much debt and not enough dollars. When the Fed raises rates and pulls dollars out of the market, like the interest expenses on the debt that exist become impossible to pay. The amount of money they're going to have to print after this breakdown of the banking system is going to be unfathomable. I mean, the Fed really didn't want to be put in a position right now to lower rates because inflation is still high. This report is just a- Yeah, but BlackRock is saying that they think the Fed is going to keep tightening. If I was a betting man, I would say no, they're pretty much done.
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