Quote:
Originally Posted by whell
https://www.politico.com/news/magazi...-debt-00057606
It was the Fed’s own experiments that helped create all this national debt in the first place. The Fed did so through an experimental program called quantitative easing, or QE. The importance of QE can’t be overstated. Under this program, the Fed created about 9 trillion new dollars between 2008 and today. (To put that in perspective, the Fed created only about $1 trillion in its first 95 years of existence. So it has printed 900 years’ worth of money in a little over 10 years, when measured against its historic rate.) All that money was injected straight into the Wall Street banking system, pumping up the very markets, like stocks and bonds, that are now threatened by the Fed’s tightening.[/I]
Years of QE and voracious spending, from Reagan to Bush to Clinton to Bush to Obama to Trump to Biden, all fueled by debt. And that debt sounds like its going to get a LOT more expensive.
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More illumination on this bubble created by the Atlanticists' Central Banks.
Too much Fed liquidity has led to a whack-a-mole world of problems.
https://ft.com/content/af8c4d77-cb58...7-d7bf0f365cbb
04-26-2023, 11:39 AM
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