Home » Economics » Rabobank: Does The Fed Have The Intelligence To Prevent A Collapse

Olduvai
Click on image to purchase

Olduvai III: Catacylsm
Click on image to purchase

Post categories

Post Archives by Category

Rabobank: Does The Fed Have The Intelligence To Prevent A Collapse

Rabobank: Does The Fed Have The Intelligence To Prevent A Collapse

You came in like a wrecking ball

“There was nothing that I or anyone else saw that indicated a collapse in 11 days.”

Does the Fed have the intelligence to prevent such a collapse from happening? When one sees in the minutes that “some participants raised the possibility of imbalances arising from a protracted period of low interest rates and widely increased asset prices” one thinks perhaps not. Do those in DC really not know what they have wrought? Do those on the ground really not transmit the actual landscape upwards to the Beltway?

While the Fed were writing this, food prices were rising sharply. Property prices were rising sharply. And in ‘crypto province’, NFTs of a penguin were being bought on a Monday for $4K and sold on a Tuesday for $7K; “cute, sassy” Ethereum Kitty images were being bid at up to $4K each; and Christies was auctioning NFTs, as Old Money finds it can’t resist so much very new…

…click on the above link to read the rest of the article…

Olduvai IV: Courage
In progress...

Olduvai II: Exodus
Click on image to purchase

Click on image to purchase @ FriesenPress