The Fed Printed $400 Billion in 2 Weeks?!
The U.S. dollar is in trouble because they printed $400 billion in just two weeks, which is half of what the Federal Reserve had printed from 1913 to the end of 2008. This shows how much the Fed's balance sheet has grown, going from 800 billion at the start of the 2008 financial crisis to over 8.3 trillion in about 15 years.
Watch more of this short video from Michael Pento: A 'Hard Landing' Recession Is Coming & It Won't Take Long To Arrive.
#shorts #usa #dollar #money #fed
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There’s no doubt that it's a very challenging time right now for the average investor. Above and beyond the recent economic impacts of COVID, the new era of record low interest rates, runaway US debt and US deficits, and trillions of dollars in monetary and fiscal stimulus stimulus has changed the rules of investing by dangerously distorting the Dow index, the S&P 500, and nearly all other asset prices. Can prices keep rising, or is there a painful reckoning ahead?
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