The pivot that isn’t coming While we wait for the Federal Reserve to pivot to money printing, I might put forth the suggestion that it simply isn’t going to happen. There are signs that the objective of the Fed is far bigger than simply killing off inflation. The Federal Reserve is jointly owned by the commercial banks, who rely on US Dollar dominance for both their income and their influence. There is simply no chance that they will give up the USD without a fight.
Big yellow boxes
Big yellow boxes
Big yellow boxes
The pivot that isn’t coming While we wait for the Federal Reserve to pivot to money printing, I might put forth the suggestion that it simply isn’t going to happen. There are signs that the objective of the Fed is far bigger than simply killing off inflation. The Federal Reserve is jointly owned by the commercial banks, who rely on US Dollar dominance for both their income and their influence. There is simply no chance that they will give up the USD without a fight.