Money supply contracting, depression to follow?

[BleachedAnusDawg]

https://twitter.com/x/status/1633536085308366866

This article makes the claim that a depression is unlikely because the Fed wasn't around for the first two instances of the money supply contracting and has different tools now versus during the Great Depression.https://finance.yahoo.com/news/u-money-supply-doing-something-100600870.html

 

[UW_Doog_Bot]

Fed's stuck between a rock and a hard spot, you have seen what even the expectation of a pivot has done to the bubble. Cut rates and inflation comes roaring back with zero meaningful changes for the positive misery they already enacted.

Keep rates where they are, destroy the bubbles, and watch the economy eat it.

Or it's all butterflies and rainbows like the bidenbros believe. The fed just happens to have rates so high because they like to maintain historical averages that include some of the worst inflation in US history.