So two years ago the Fed floods the world banks with massive amounts of new fiat via printer go brrr, hands out large amounts of free fiat to consumers, and once that is all burned through, the Fed is now saying a recession is on the way? After only 2 years?
Yeah, no shit Sherlock. The world economies cannot any longer support themselves without free money from the Fed, without the punch bowl and a constant supply. Take that away, and it's sunk.
Don't forget the part where they simply closed down large sections of the economy. And the eviction moratoriums.
Yep. It just hit me the other day...
They are using shutdowns to control
the rate of spending into the economy. Trying to slow down inflation by controlling demand (and at the same time restricting supply). Call it "demand control". Trying to stretch inflation across a much longer timeframe.
Doesn't matter though, across 5 years or across 10, people still notice... and the end result is the same.