Economics 101...
Bernanke started cranking up the printing presses to avoid depression in ‘06.
Bernanke was a scholar in the great depression, and made a number of moves to hold it off.
It was caused by a complete collapse of the home market, due to Bush/McCain loan policies.
The presses stayed cranked up through FUBO first term.
In FUBO second term, he could have ordered a gradual raising of interest rates, that would have brought us in for a soft landing.
He did not.
People on this site were screaming to stop the presses.
Then President Trump took office.
The fed started to talk about raising rates and slowing down the presses.
He did not.
People on this site were now screaming to keep the presses running, because it would ruin Trump’s economy.
8 additional years of presses running at full speed spelled disaster.
The economy has been artificially held up since ‘06.
Like I said before, now we pay the price.
I’m just wondering how long they can keep even a few balls in the air with this juggling act.......