5min chapter

Forward Guidance cover image

We Are Living In A Silent Depression | Emil Kalinowski

Forward Guidance

CHAPTER

Is the Federal Reserve a Part of the Economic Recovery?

The conventional narrative, i think i happen to agree with, is that there is a ton of money printing in 20 20 and 20 21. And that money creation had a large part to play in the somewhat stunning economic recovery we saw. I really particularly liked the government guaranteeing bank loans. There was something very new that we hadn't seen to date during this silent depression. Guess what? Those things are being wrapped up. Nobody's expanding them, not enthusiastically. And we're right back into a down turn right now.

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