When the fed creates money it distributes it in or selected areas. These become hotspots in the economy and people/businesses rush to the hotspot. Solar energy is an example, electric vehicles is another. But as soon as the fed either stops or refocus the new money, the old hotspots collapse as people and businesses rush to the new hotspot.
Not my idea, I got it from Richard Maybury’s Uncle Eric books.
When the fed creates money it distributes it in or selected areas. These become hotspots in the economy and people/businesses rush to the hotspot. Solar energy is an example, electric vehicles is another. But as soon as the fed either stops or refocus the new money, the old hotspots collapse as people and businesses rush to the new hotspot.
Not my idea, I got it from Richard Maybury’s Uncle Eric books.
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