September 23, 2021
ALICE IN WONDERLAND (Economics)....Our Central Bank...
Steven Chase
The Federal Reserve keeps rates at (effectively) zero percent.
When nobody buys the bonds (debt) at those rates, they step in and buy.
Currently, the FED has bought and owns $2.43 TRILLION of that debt; and is currently buying $625 Billion per MONTH. (2020)
The 'noise' you've been hearing - The FED is about to reduce that to $80 Billion/month soon. At least, that's what's forecast.
If this sounds unreal..... IT IS! Venezuela here we come!
Posted by: Timothy Birdnow at
08:02 AM
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