Hey ET Fam! It’s Wednesday already. It feels like this week has completely flown by. That’s usually the case nowadays. I wanted to give you a ll quick vid on something that I’ve found to be particularly interesting. Not too long ago, Arthur Hayes released an article exposing and explaining how the Fed has not started tightening the amount of liquidity being put into circulation (despite them claiming that they have).
While this should come as a shock to no one, it should cause at least a bit of concern. The Fed being dishonest about tightening means that when the full force of the recession finally hits, the impact could be MUCH worse than we originally predicted. It’s obvious that elections are approaching. So, it’s in this current cabinet’s best interest to keep the economy looking as stable as possible. However, this is not going to end well. You should expect things to get very hairy once elections end.
00:00 – Intro
00:54 – Total USD liquidity
01:37 – Election season
03:10 – Student loan debt plan
03:52 – Last ditch effort
05:23 – Outro
#nft #ethereum #defi #blockchain #crypto #cryptocurrency #bitcoin #btc #eth #news #protocols #sidechain #altcoin #nftmarketplace #opensea #cryptoart #protocol #altcoins #nonfungibletoken #dao #sidechain #layer2 #erc20 #erc-20 #token #coin
DISCLAIMER: This is not financial advice! This is an entertainment and opinion-based show. I am not a financial adviser. Please only invest what you can afford to lose, and we encourage you to do your own research before investing. DYOR
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