Danielle speaks with former Fed Reserve official and QE bond buyer Andrew Huszar’s on why QE has not worked and what is likely next. You can see Andrew’s original op-ed piece in the Wall Street Journal here: Confessions of a Quantitative Easer. Also see www.cliffkule.com
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Cory’s Chart Corner
Load MoreNot sure why this is so shocking to folks...the data is all around us. h/t @FroehlichThors1
Thorsten Froehlich @FroehlichThors1I mean - guys - this is real
since 1 April 2021, post COVID
(1) Savings rate dropped 90%
(2) Credit card balances up 28%
(3) # of credit cards up 62% (more credit cards / capita)_________________________
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