Commentary
On the very day that lockdowns were announced (March 16, 2020), the Federal Reserve revved up its printing press and Congress prepared the CARES Act that spent $2.2 trillion to feed the lockdown beasts at the state level.
It was a huge turning point in U.S. history that changed everything. We are still dealing with the fallout today in the form of inflation and the growing bank crisis.
The slogan 15 Days to Flatten the Curve was enough of a blow from which it would have taken a very long time to recover. But if it had only been that, history would have seen the period as a brief moment of insanity before normalcy returned….