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MAGA: Fed is 40% of Money Market

Summary:
MAGA with the best technical explanation of the current banking system problems I’ve seen: I still don’t understand why these Art degree monetarist morons don’t want to increase the rate of their QT to reduce their figure of speech “inflation!”… 🤔

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MAGA with the best technical explanation of the current banking system problems I’ve seen:



I still don’t understand why these Art degree monetarist morons don’t want to increase the rate of their QT to reduce their figure of speech “inflation!”… 🤔

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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