Fed is Printing more Money time to load up on DEBT
So the US Federal Reserve (FED) has made bad move after bad move. The latest is printing more money to shore up over lending to Banks.
See the FED went through their QE awhile back and printed money that raised the us money supply. Then in 2018 they started to unwind this balance sheet. This caused the slow down in the economy as there was no FED to buy bonds on the markets.
So big money traders and banks started hoarding cash. As the slow down approached the FED had to lend out short term over night loans to keep liquidity in the market.
Now they are basically printing money to bring back up their balance sheet.
So what does this mean for you and me ??? well it means more money (USD) chasing the same amount of goods. This will cause inflation. If inflation is coming it is time to load up on Debt. As your debt will be easier to service with future dollars.
I personally am maxing all my credit lines knowing that inflation is coming.
How about you guys ?
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