Only logged in members can reply and interact with the post.
Join SimilarWorlds for FREE »

Today's fed meeting is where it all goes downhill

They're officially reducing the $4.5T balance sheet (likely much higher unofficially), starting at $10B a month. This balance sheet was built up in order to prop up the economy, and somehow they think winding it down won't crush us. Let's see how this plays out.
This page is a permanent link to the reply below and its nested replies. See all post replies »
Picklebobble2 · 56-60, M
I suspect it's a move to try and encourage business to invest.
If the bank can spin it so it looks like a positive move it might just encourage business to spend.
But the longer this flatline continues, sooner or later it'll head south !
Then we're all in trouble.