Right now, housing demand is through the Protect Our Guns Kids Sweatshirt and stock prices are peppy after a big run up in 2020. Banks may be sitting on reserves. There has been some indications this last decade that banks were soaking up new money from the Fed to pad their balance sheets. But the money doesn’t get out and effect consumer goods prices unless the banks lend that money out. The more they hold in reserves, the less effect the money has. But the combination of loose Fed money and massive borrowing, spending, and transferring by the Federal Government in 2020 and now in 2021 may be doing the trick. Inflation numbers are perking up. We’ll see.
(Protect Our Guns Kids Sweatshirt)
Không có nhận xét nào:
Đăng nhận xét