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Weekly Market Recap: Lag Effect To Crash The Markets & Economy? Or Is It A Nothingburger?

Wealthion - Be Financially Resilient

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The Effect of Bank Credit on the Economy

CNN's John Sutter says banks' incentive to lend is the lowest it's been in decades. Banks are losing deposits and selling assets, which makes them even less likely to lend money said Sutter. The engine for the economy, credit is slowing down rapidly because we're running out of gas, so to speak,. He asks: How do you get your money from a bank? Just buy an ETF that kind of mimics inflation bonds or Treasury bills.

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