Federal spending was responsible for the 2022 spike in inflation, research shows | MIT Sloan
Federal spending was responsible for the 2022 spike in inflation, research shows | MIT Sloan
Jul 17, 2024
mit.edu
The Fed just injected $13.5 billion into the economy. It's the second largest injection since COVID And we're barely into December. Here's what nobody's telling you about what this means for your cash: If you're sitting in a savings account right now, you're getting destroyed. Your 1% interest rate has no chance of keeping pace with what's coming. That's because they're greasing the pipes before they open the firehose. More money printing is coming. Way more. When they flood the system with cash
1:05
The Fed just injected $13.5 billion into the economy. It's the second largest injection since COVID And we're barely into December. Here's what nobody's telling you about what this means for your cash: If you're sitting in a savings account right now, you're getting destroyed. Your 1% interest rate has no chance of keeping pace with what's coming. That's because they're greasing the pipes before they open the firehose. More money printing is coming. Way more. When they flood the system with cash
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