Fed facilitated this enormous real estate bubble…

by silvertomars

since Feb 2020 Fed bought $1.3 trillion MBS and now owns a whopping $2.7 trillion MBS… they will now reduce their holdings by $35 billion a month… at this pace it would take them 6.5 years to sell them all… they won’t…

The Fed’s 2021 Annual Report shows there are now 1,833 placeholders banking double six figures at the Fed. They are just part of the 20,000-plus bloated Fed system staff devouring over $2.5 billion per year in compensation to monetize debt & debase the currency.