US Banking Crisis Is Not Yet Over

David Hay is worried about the decrease in money velocity, which is like tightening monetary policy. Although there is still a lot of money in circulation, its flow is slowing down, which can have long-lasting effects. Resolving the ongoing banking crisis and achieving a smooth recessionary transition is proving to be challenging.

Watch more of this short video from Painful Reckoning Ahead Due To "Really Really Dumb" Monetary Policy | David Hay.

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