The Fed Monetary Bubble
In 2008, the Federal
Reserve held $800 billion on its balance sheet. For the last few years, it has
purchased over a trillion dollars in U.S. debt. The Fed has been
creating a 100-year supply of money every year for the last few years. It
currently holds a 400-year supply of money. The last times I saw something like this (late 90s stocks and mid 00s housing prices) they were later called "bubbles". Just wondering.
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