Central banks tightening in a bust could worsen the economic recession and trigger depression. Central bank monetary policy was intended to even out the boom, bust economic cycle. So during a recession, central banks would ease liquidity conditions providing a safety net to cushion an economy in free fall. US GDP has fallen for two consecutive quarters – 1.6% during the first quarter of 2022 and 0.6% the next. Two consecutive...
Read More
Recent Comments