Governor Chris Waller Tastes Some Of The Fed’s Own Medicine

Ooops! New home sales in April (blue line) plunged 17% from March, 27% from a year ago and 43% from August 2020. As it happens, that was the peak point of the Fed’s free money madness. Accordingly, the chart below tells you just how dangerous the monetary desperadoes who inhabit the Eccles Building actually are. […]
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