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; ‘Japanification’ is coming to the West…fiscal dominance means monetary inflation!

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“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:

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