rebeleconprof on Nostr: The Fed is like a child trying to build the tallest tower of blocks. Each new lending ...
The Fed is like a child trying to build the tallest tower of blocks. Each new lending facility adds a block to the tower. Each new block makes the tower look more impressive. But the taller the tower, the less stable the tower becomes and the more likely a small shock can bring the whole tower crashing down.
Published at
2023-03-18 15:58:41Event JSON
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"content": "The Fed is like a child trying to build the tallest tower of blocks. Each new lending facility adds a block to the tower. Each new block makes the tower look more impressive. But the taller the tower, the less stable the tower becomes and the more likely a small shock can bring the whole tower crashing down.",
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