The Importance of Third Order Difference in Calculus

Andreas Steno Larson had a conversation on Real Vision the latest in bank lending trends. He says monetary policy is to blame for this deposit crisis and it's vastly overlooked that the inverted yield curve and destruction of dollar liquidity while the constant type of tightening program is the underlying root cause for this deposit flight or this deposit crisis. "I simply doubt that it is possible to continue to destroy us dollars on an ongoing basis from here unless the Fed truly wants to break things"