Economy

Fed’s Official Balance Sheet Zooms Past 2008-2009 Crisis Levels

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from WallStForMainSt:

Fed’s Official Balance Sheet Zooms Past 2008-2009 Crisis Levels: Many Trillions More Coming?

VIDEO:

Yet again, another day another bailout! This time it was open ended QE! Can we call it Infinite QE yet? Here’s articles about the details from Monday’s Fed announcement:

1) In Unprecedented Move, Fed Unveils Open-Ended QE Including Corporate Bonds https://www.zerohedge.com/economics/f…

2) NY Fed says to buy $75 bln of Treasurys, $50 bln of MBS each day this week https://www.marketwatch.com/story/ny-…

Analysis from Jim Bianco about Monday’s Fed announcement: Thoughts on the Fed Announcement https://www.biancoresearch.com/though…