The stock market is at an all-time high. Credit spreads are near all-time lows. And inflation has been above the Fed's target level for 61 consecutive months, averaging 4% per year since 2019. So why is the Fed expanding its balance sheet (QE)?
The #1 cause of the "affordability crisis" is the Fed's debasement of the currency with Money Printer Go BRRRR. submitted by /u/Key_Brief_8138 [link] [comments]
ORIGINAL SOURCE →via Reddit r/economy
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