Forget piddly 25-50 point interest rate hikes. The real pain will start June 1st. Fed will start reducing its balance sheet. (Explanation in comments)
(media.greatawakening.win)
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Runoff, or Quantitative Tightening is the opposite of what Fed has been doing for the past 2 years - printing money. Essentially, every month they will let ~$50 bil worth of bonds mature and do not reinvest it in the new Treasuries.
What does this mean? It pulls the cash from the market. Right now the entire economy is running on fumes, by the money printed by Fed (almost $80bil every month for the past 2 years).
Think of a bubble that has been blown bigger and bigger and the whole world is having a picnic on top of that bubble. What they are going to do is like bursting the bubble.
I hope Anons are prepared. I hope they have enough cash on hand, invested some of their savings in gold and silver (and crypto if you believe in that), stocked up on food and water and everything else required to survive the bumpy road.
I hope we only walk in darkness for 10 days, but my gut tells me we should be prepared for this to stretch for a month or two. It will be a near death experience.
On the bright side, I dont think things will get dire right away. Perhaps a couple months of tightening before things pop. No one knows, we have to wait and see.
i think they will attempt to keep things afloat thru november but yes june it starts in earnest