“Back in 2017 when the Fed Balance sheet was $4.5 trillion … this was their forecast going forward, shrinking the balance sheet to $2 trillion by 2022.
Instead we are at $8.3 trillion today.
With the US govt running deficits over $2 trillion and a recession coming, we are going to $15 trillion to $20 trillion in a few years. Ht
@RealStockCats:
Back in 2017 when the Fed Balance sheet was $4.5 trillion … this was their forecast going forward, shrinking the balance sheet to $2 trillion by 2022.
Instead we are at $8.3 trillion today.
With the US govt running deficits over $2 trillion and a recession coming, we are… t.co/bGdYZLGZIo pic.twitter.com/WtRwVOHLvN
— Wall Street Silver (@WallStreetSilv) July 6, 2023
'Japanification' is coming to the West…fiscal dominance means monetary inflation! t.co/AhleNMWunk
— CrossBorder Capital (@crossbordercap) July 6, 2023
So, fiscal dominance sometime in the next 30 years? t.co/ftpMt8gdgn
— David Beckworth (@DavidBeckworth) July 6, 2023