In case you missed it the FED has been raising interest rates with more planned as needed.
This is the exact opposite of “quantitative easing “ that you hang your hat on.
You might want to do another review of your Austrian Monetary Theory.
Will it be enough to help the economy, yet still allow FedGov to meet interest payments?
In my view we’re long overdue for a recession. The yield curve just recently inverted (2 yr/ 10 yr). That has historical significance.
The one thing that could help our economy would be securely reestablishing our supply chain. Normal demand hasn’t slackened and there’s a pent up demand for housing especially with interest rates rising.
