Sooner or later people are going to figure out that the Federal Reserve is not a source of economic stability. It's an intrinsically immoral insidious wealth transfer mechanism. It transfers wealth from the middle class and poor to the rich and politically connected.
The Kobeissi Letter@KobeissiLetter
What is happening here? The US birthrate is now down -30% since pre-2008 levels while financial wealth is at record highs. Why? Because only asset owners are able to afford this economy. As shown in our below analysis, this crisis accelerated in both 2008 and 2020. And, with every recession and every round of inflationary economic stimulus, the crisis simply accelerates even further. Now, we are seeing the biggest divergence between the S&P 500 and the US birth rate in history. The result? Tons of young Americans simply cannot afford to have kids in another sign of the "K-Shaped" economy. The US is facing a massive demographic crisis.
English
