Menu Close

US Government Defecates – Fed May Lose Control

The US Treasury daily tax data showed weak revenue and soaring outlays in October. The deficit is soaring, but the Fed is monetizing every penny of it and then some, leaving the Primary Dealers with plenty of cash.

Here’s why this is like the Fed piloting a Boeing 737 Max 800. It is exactly the same thing.

No. I mean it.

Seriously.

Subscribers, click here to download the report.

90 Days Risk Free If You Join Now!

Get this report and access to past reports.  Read Lee Adler’s Liquidity Trader risk free for 90 days! Satisfaction guaranteed or your money back.

90 day risk free trial offer is for first time subscribers only.

Posted in 1 - Liquidity Trader- Money Trends, US Treasury Market and Tax Revenue Trends
%d bloggers like this: