Okay, so you mention what the Fed buys, but what does it sell? The same stuff, right? Assets. Assets become less scarce (Fed sells), prices go down. At the same

Okay, so you mention what the Fed buys, but what does it sell? The same stuff, right? Assets. Assets become less scarce (Fed sells), prices go down. At the same time, Dollars become more scarce as the Fed sells their assets.