During the Covid-19 pandemic, central banks such as the U.S. Federal Reserve loosened fiscal and monetary policy. Now, these same financial institutions are seemingly engaging in quantitative tightening (QT) practices. According to Nick Gerli, CEO and founder of Reventure Consulting, “the money supply is officially contracting.” This has only happened four times in the last 150 years. Gerli warns that every time it occurs, a depression takes place with double-digit unemployment rates.
The Contraction of Money Supply and its Impact on the Economy
Several market analysts and economists are uncertain about the future of the economy, while many believe things will soon get worse due to significant inflation and failures in central planning. When the Covid-19 pandemic hit, the U.S. government and many other nation-states
Trending: A Professor Abandoning A Spouse And Kids For A College Student Isn’t Brave, But Wicked
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!