Fed Actions Speak Loudly
Sven Henrich of the Northman Trader notes that this is equivalent to $720B a year. He explains that this is more than the entire US military budget, the largest military budget on the planet.
He comments,
Take these actions and place them anywhere else in history (2000, 2007, any time) and this would be called an emergency intervention program.
This raises a serious question. If the US economy is as strong as the government is claiming, why is the Fed taking such serious actions? Actions usually speak louder than words.
Source: http://getrad2.blogspot.com/2019/10/fed-actions-speak-loudly.html
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