So they won’t be spending 30+ billion a month anymore trying to paper over the national debt with phony e-money anymore. Go figure. I’ll be they add that amount to the 4050 billion they’ve been spending per month buying MBSs on the stock market.
Anyone wondering why the stock market is impervious to the recession - this is the reason. Greed and they’ll get theirs and don’t care about the future.
Anyone wondering why the stock market is impervious to the recession - this is the reason.
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Yes, the Fed is behind this levitation. No doubt about it.
If the business environment is so healthy and the economy is so strong then why has the Fed found it necessary to print trillions?