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)
💥 B O O O O O M 💥
We’re in a system that has become dependent on virtually free money. They don’t even have to contract, just stopping the introduction of new credit and jacking up the interest rates on the rest of it will take the air out of everyone’s sails. What happens when businesses or people can’t access new capital, and many of those that have loans have their rates increase from 2% to 20%?