3min chapter

Forward Guidance cover image

Why Bank Money Is “Disappearing” | Patrick Perret-Green

Forward Guidance

CHAPTER

Why the Money Supply Is Falling

The last time it happened was during the Great Depression. It's not that banks are coating off loan making loans entirely they're just those slowing loan growth does it have to do with quantitative tightening and all like why absolutely no one else is a big factor because we're just the money is just disappearing you know Fed issue reserves on the back on when it bought bonds we're canceling bonds I mean what we're seeing if you look at Europe it is actually the ECB is reduced its balance sheet by much greater state than the Fed has the ECBs in a matter of months basically locked one and one point one trillion euros right but Patrick that's you'll correct me on wrong high-powered central bank

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