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DrScopeify
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Comments by "DrScopeify" (@drscopeify) on "Former Fed Vice Chair Richard Clarida: Sticking with our call of a 25 basis point cut today" video.
The US created some 5 trillion during COVID, most went to the FED and some to the banks and general public, and some of that liquidity as usual, went to foreign countries thanks to the trade deficit, and continues to do so, HOWEVER a lot of that money is still here in the economy. The question really is, this is what matters, is how much of that money will stay locked up and how much of it will liquidate and MOVE as the FED cuts rates. That's the question!!!
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