Krugman calling for 3% inflation target… Fed realizing more rate hikes will break things… Guess what comes next? Infinite money printer go BRRRRRRR

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I remember first time I started using double entry accounting for my finances and my tutor told me just use equity accounts for your starting balances. At which point I said... this must be what the FED does when they need more funds. Pull from an equity account funds that never really existed in any form.... my guide said.. exactly.
Probably ebbs and flows. This has been the money printer not-go-burrrrr period. image