The Federal deficit is currently $738 bln. That is the largest in 6 years. It is widening out. The deficit hit its recent low point of $438 bln in 2015. It has been growing since.
Does 2015 ring a bell? It should. That's when the Fed started raising rates. (Fiscal stimulus, money printing, etc.)
Where are all the quacks screaming "money printing?" They're all bullish on the dollar now.
Why did the dollar rally from 2009 to 2015 even though QE was happening? Remember, they said THAT was money printing, but it wasn't. It was money "un-printing." The deficit went from $1.4 trillion to $438 bln. It was the NET REMOVAL of A TRILLION dollars.
The opposite is happening now.
The Federal deficit is currently $738 bln. That is the largest...
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