On Monday, the Federal Reserve took everything that free-market advocates hold NEAR AND DEAR and blasted it TO SMITHEREENS.
The markets are open, the banks are functioning, food is there for the average American to purchase, for the most part, and the Covid-19 is getting ALL of the attention on the municipal, state and, of course, the federal level. Still, we’ve just SUFFERED the steepest-ever MARKET CRASH that America has ever had to endure.
This cannot be reflated; we are EXPERIENCING hyper-deflation. What we’re seeing is the 2008 IMPLOSION with a 12-yr delay.