> That temporary measure turned out to be not so temporary! Actually it was temporary. The Fed bought things up and then stopped, and then started reducing ass

> That temporary measure turned out to be not so temporary! Actually it was temporary. The Fed bought things up and then stopped, and then started reducing assets: * https://fred.stlouisfed.org/series/WALCL https://fred.stlouisfed.org/series/WALCL And then COVID hit. They're reducing assets now (quantitative tightening). Odd Lots had a recent episode on this, "What the Fed's Big Balance Sheet Unwind Means for Markets": * https://play.acast.com/s/oddlots/6edf697f-abc7-4960-8060-aeda014e6d11 https://play.acast.com/s/oddlots/6edf697f-abc7-4960-8060-aed... * https://podcasts.apple.com/gb/podcast/what-the-feds-big-balance-sheet-unwind-means-for-markets/id1056200096?i=1000571066254 https://podcasts.apple.com/gb/podcast/what-the-feds-big-bala...