Sunday, June 7, 2020

US economy dead since 2008, only thing left for Fed is to print trillions of dollars in debt

The US Federal Reserve's balance sheet could skyrocket to more than $9 trillion by the end of this year,

amid massive interventions to shield the economy from the coronavirus pandemic,

the chart, showing that in 2007 there was "barely anything" on the Fed's balance sheet.

"The crisis hit in 2008 and you see the injustice of bankers getting bailed out

when the rest of the economy was getting nothing,"

With US economy dead since 2008,

only thing left for Fed is to print trillions of dollars in debt

https://www.rt.com/business/490753-us-fed-printing-debt/

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