How does he spend all this time on talking about these things and never once mentioning the growth of the Fed's Balance Sheet. https://www.federalreserve.gov/m

How does he spend all this time on talking about these things and never once mentioning the growth of the Fed's Balance Sheet. https://www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm https://www.federalreserve.gov/monetarypolicy/bst_recenttren... The Fed can make the 10Y note yield 1% with 10% (or any rate) inflation if they a. wanted to and b. didn't care about foreign exchange rates. Mohamed El-Erian must think Klein is a hack. https://www.goodreads.com/book/show/27191691-the-only-game-in-town https://www.goodreads.com/book/show/27191691-the-only-game-i...