December 2020 saw 8th largest expansion in the Fed’s balance sheet on record.
with (i) US equity markets at all-time highs, (ii) valuations dizzying (iii) bubbles in crypto, Tesla, SPACs (iv) commodities at 5 year highs (v) inflation expectations were moving above 2%.
@Gavekal https://t.co/6CUVYHm3S7
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…