The Economy Is Unwinding, Not The Fed Balance Sheet

The Swedish Government is going to begin testing cryptocurrency, this is the start of moving the system onto an electronic currency platform. Consumer confidence declines. S&P closed 37 times at all time highs.Housing prices continue to increase as sales decrease. Loans come to a screeching halt so banks start to loosen the requirements. The Fed comes out and says they are not worried about inflation, but in their documents it shows they don’t really understand inflation. New study shows the US is not the land of opportunity.