Page 9 - சமூக பாதுகாப்பு நம்பிக்கை நிதி News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The U.S. economy is at a fork in the road. One route leads to the return of market fundamentals and sane stock valuations, at the cost of a historic market correction. The other route leads to runaway hyperinflation that eats up the debt almost as fast as it devours the dollar’s buying power. That would likely cause the dollar to lose its hegemony as global reserve currency  and bring about a simultaneous market collapse. Here’s where we are, and where we might be going… How did we get here? For the most part, through Fed interventions that suppressed interest rates for the last 13 years, creating artificial demand for U.S. IOUs in the form of bonds, and generally maintaining an “easy money” policy. (And let’s not forget the hundreds of millions of stimulus checks, unemployment extensions, fraud-riddled Payroll Protection Program and the other boondoggles associated with the pandemic lockdown.)

United statesJerome powellJanet yellenJim rickardsWolf richterBloomberg matt levineTreasury departmentPayroll protection programProtection teamFederal reserveSecurity trust fundFed weighs dilemmaMarket crashGreat recessionMatt levinePlunge protection team