Afghanistan as the canary in the coal mine for our domestic macro-economics

 

 Afghanistan as the canary in the coal mine 

for our domestic macro-economics

 

If you want to see what will happen when 'The Fed', the Federal Reserve Central Bank, ups interests rates and ends the near-zero cash give away to the Wall Street and financial markets-see the above image. As the image above and news reports have shown, once the US influx of billions of non-repayable, free money that flooded Afghanistan over the last 20 years ended, the economy which had been propped up by that influx of money imploded to its present destitute state.

Now in 2022, the domestic economy, as far as those enterprises that have benefited from the 1% or less interest rates that The Fed has been doling out, their operations and profits have been inflated from this relatively "free money" than from earned revenue. The reboot of the economy from the needed shut-down because of the pandemic has created inflationary demand and supply issues. Those issues will force The Fed to turn-off the money tap just like the Government turned off its money tap to the Afghan economy.

Politics will do its best that favored sectors of the economy and demographic groups needed for their political funding and votes are least affected, while the average Joele and J'Ne of Main Blvd Anytown, USA will have their relative version of destitution similar to what is scene in the gripping images in the news coming from Afghanistan.