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2min chapter
Liquidity Has Fallen Off A Cliff | Joseph Wang & Michael Howell
Forward Guidance
Bank Credit Creation Is the Big Player in Inflationary Money Creation
C b sees the fed coin is not likely coming within the next two years. The issue i would bring up is how to, but how the banks fund their balance sheets in an environment where deposits a shrink and the money markets are tightening hugely. And therefore, you know, we've got a bigger problem out there to face a fed accident. Soething to watch, because we do seem to be going into a slowing conmy maybe a rocession later on.
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