WHO PAYS FOR THIS MONETARY MADNESS? (Spoiler Alert……. It will be you)
We are not predicting an imminent financial crisis. But what has transpired over the last decade ensures that we will suffer major pain at some point. It is difficult to wrap one’s arms around what has happened since the 2008 sub-prime mortgage debacle. But what has happened during just the last year is astonishing. If you tally up all the money the Fed has ever printed , over 40% of it was printed in 2020.