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The Return to a Deflationary World post COVID: Eric Basmajian

Inflection Point

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Is the Fed Losing Credibility?

The day of the announcement turned everything around. So when people say the fed has lost credibility, they still have quite a bit of credibility in the sense that,. you know, they didn't have to buy any bonds, really. They ot to change the corporate bond market. Noll: All the liabilities are still not able to circulate in the real economy. That would be the defining line because that would be, like i said, now we have sort of two competing currencies out there.

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