bobby on Nostr: Great article from #[0]: If this scenario does come to fruition, Lyn cautions that ...
Great article from
MartyBent (npub1guh…6hjy):
If this scenario does come to fruition, Lyn cautions that the Fed will become a hyper-politicized institution and calls for it to be more tightly managed by the government will grow. At this point, it will be all but over for any semblance of autonomy for the Federal Reserve and likely the dying breath of the US Dollar as the reserve currency of the world.
When one takes into consideration the ballooning federal debt and the runaway interest expenses associated with that debt coupled with the increased cost of capital to invest in critical infrastructure that is necessary to bring more goods to market, it is easy to see a future in which the Fed successfully induces demand destruction but does very little to solve the inflation problem, and actually exacerbates it.
https://tftc.io/martys-bent/issue-1328/
#plebchain
#bitcoin
Published at
2023-03-08 02:17:17Event JSON
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"content": "Great article from #[0]:\n\nIf this scenario does come to fruition, Lyn cautions that the Fed will become a hyper-politicized institution and calls for it to be more tightly managed by the government will grow. At this point, it will be all but over for any semblance of autonomy for the Federal Reserve and likely the dying breath of the US Dollar as the reserve currency of the world.\n\n#[1]\n\n#plebchain\n#bitcoin",
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