The economy is tanking!

There was a late night transfer of over 29 billion from the federal reserve to the banking system. It means the economy is in trouble. Why? When funds stop flowing en masse into banks, the banks then don’t have liquidity to loan. Ok, what stops funds flowing into banks? Furloughs, firings, layoffs, canceling things like SNAP, etc. People start missing car and credit card payments, mortgages. Cash flow is like the oil in the engine. If the flow stops, the engine seizes. And the blame lies entirely on the shoulders of the trump administration and a Congress that has failed to block his abuses. We are literally watching you all fiddle while Rome burns.