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The US fed is the biggest whale in the whole market And every major economic union is duplicating what the fed does Even if the second part wasn’t true, the f
by vmception 4y ago
The US fed is the biggest whale in the whole market
And every major economic union is duplicating what the fed does
Even if the second part wasn’t true, the first part would cause inflation in those economic unions
It buys bonds from ANY bondholder indiscriminantly. It didn’t matter where they are, they get new dollars, and dilute the value of their area.