Banks Are Lending Less Money, and That's a Formula for Recession

Banks Are Lending Less Money, and That’s a Formula for Recession

Tags: Money and Banks, U.S. Economy

06/02/2023 Ryan McMaken

A new Fed survey shows that banks are cutting back on lending big time. Over the past thirty-five years, this almost always predicts recession. Our economy can’t survive without endless new infusions of easy money.

Original Article: “Banks Are Lending Less Money, and That’s a Formula for Recession”

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