> Because of that, the fretting about the Fed’s current balance-sheet runoff plan is almost comical. There’s simply too much debt in the system and no clear pat

> Because of that, the fretting about the Fed’s current balance-sheet runoff plan is almost comical. There’s simply too much debt in the system and no clear path to truly paying it off. Not even central bank officials are pretending they’ll shed all their holdings — estimates fluctuate around ending at $2.5 trillion. I thought that the plan was to eventually inflate the debt away. But maybe that's just cynical conspiracy theory.