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FED just said they will keep buying almost 1500 BILLION of U$ Treasuries in the next 12 months because investors don't want to support the dollar any longer (.. at least at current rates)
This is the Monetization of Debt
The nuclear option
FED is cornered
A Reset is next ..
This is the Monetization of Debt
The nuclear option
FED is cornered
A Reset is next ..
Want proof?
Growth FED balance sheet last 12 months:
$1310 BILLION
86% used to buy $1127 BILLION of U$ Treasuries
Growth FED balance sheet last 12 months:
$1310 BILLION
86% used to buy $1127 BILLION of U$ Treasuries
