Just in Case You Thought the Fed Had a Clue...

HoustonHusky

https://www.zerohedge.com/economics/just-case-you-think-fed-has-clue

https://twitter.com/tyler_neville_/status/1387489551078285319?s=21

BleachedAnusDawg

Is the inference that the Fed is doing this to inflate people's net worth to promote consumer debt spending to prop up the economy? Did I interpret that correctly?

Bob_C

BleachedAnusDawg said:

Is the inference that the Fed is doing this to inflate people's net worth to promote consumer debt spending to prop up the economy? Did I interpret that correctly?

I think it’s to prop up the treasury market.