Reply to SVB Bank Run: Fed Calling Emergency Meeting

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[quote=Anonymous]Look at that, MMT has no risks and the govt can print money for an infinite amount of time to grease the economy.  Why are soooo many boom bust cycles caused by the federal reserve and easy money?  And here they wanted to keep injecting more and more stimulus and keep rates cut for forever.  The sugar rushes always, aalllllways cause a diabetic crash when the piper eventually must be paid.

Everyone was so confident and felt good when their stock portfolios, 401ks, and home values got artificially pumped from 2009-2021 as the fed kept interest rates artificially low, trillions of dollars were injected into the economy, and the fed blew up their balance sheet to almost $10 trillion.  Now the fake economy is collapsing when the inflation demon has been awoken and the consequences for sugar rush must be paid. Time and time again, lax monetary and fiscal policies blow up the economy. There are no free lunches and easy money. It's amazing how people still don't learn this lesson.[/quote]

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