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Or because the fed is still printing money like there is no tomorrow. It is kind of puzzling to read Powell claiming he is worried about inflation while still p
by cm2187 5y ago
Or because the fed is still printing money like there is no tomorrow. It is kind of puzzling to read Powell claiming he is worried about inflation while still printing huge amounts of QE at the same time.
- dragonwriter 5y ago> Or because the fed is still printing money like there is no tomorrow. It’s not. > It is kind of puzzling to read Powell claiming he is worried about inflation while still printing huge amounts of QE at the same time. QE stopped around the same time as the rate hike, and quantitative tightening (going from stop to reverse on QE) has been announced as upcoming.
- cm2187 5y agoas far has I can tell the size of the Fed balance sheet is still growing every week. So yes they are still printing massive amount of money right now, at a similar pace than QE2 and QE3, and they have done for most of 2021, when inflation was already picking up significantly. https://www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm https://www.federalreserve.gov/monetarypolicy/bst_recenttren...