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What is your experience getting negative consensus on saying that in the past? The Federal Reserve is the biggest whale in the market and the majority of their
by vmception 5y ago
What is your experience getting negative consensus on saying that in the past?
The Federal Reserve is the biggest whale in the market and the majority of their purchasing transactions create USD that did not exist prior to the time of transaction. Every recipient circulating new USD around. The bigger problem being that most does not circulate from the first recipient, but also a large amount does and the pandemic relief bills allowed different kinds of recipients to get newly created Federal Reserve USD who did wildly circulate those USD causing massive distortions in different areas of the economy.