An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
They were SUPPOSED to stop on April 15th... now that is obviously OBE...
They are CURRENTLY saying they are doing 700B split between 500B ust and 200b MBS...
At last week's pace they will be there in about 1 more week...
THEN we have to see what they say/do...
and then try to evaluate the veracity of that...
like herding cats...
based on their past behavior they will do the 700b, then that wont work and in fact will be seen to make it WORSE.. then they will double down and that might be the one where we go full GFC2... so far its like a GFC2-lite...
But we have to see what they do... maybe they will stop...
How do you operate the time machine?
ReplyDeleteI wish...
ReplyDeleteThey were SUPPOSED to stop on April 15th... now that is obviously OBE...
ReplyDeleteThey are CURRENTLY saying they are doing 700B split between 500B ust and 200b MBS...
At last week's pace they will be there in about 1 more week...
THEN we have to see what they say/do...
and then try to evaluate the veracity of that...
like herding cats...
based on their past behavior they will do the 700b, then that wont work and in fact will be seen to make it WORSE.. then they will double down and that might be the one where we go full GFC2... so far its like a GFC2-lite...
But we have to see what they do... maybe they will stop...