Slippin’ Into Darkness! St Louis Fed Nowcast Q3 GDP Growth At -0.07% As M2 Money Growth Collapses (While Atlanta Fed GDPNow At 5.6% Growth?)

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by confoundedinterest17

Slippin’ into darkness! Bidenomics, that is! Joe Biden is not a friend of the US middle class.

The St Louis Fed’s real time GDP tracker known as Nowcast has Q3 GDP at -0.07%. This happening at M2 Money growth collapses.

If you want to feel good, check out Atlanta Fed’s GDPNow estimate (housing economist Raphael Bostic is its President) which has Q3 GDP at 5.6%.

See also  Rising inflation-driven prices and budget deficits persist, likely increasing regardless of administration change; The closest thing to actual money in this system is gold

When will The Fed return to it low riding rates days?

Reverend Biden.

 

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