Comes c/o @zerohedge: Note the deficit—DEFICIT NOT DEBT—as a % of GDP following all the recessions. That slope looks slippery… pic.twitter.com/x4LxfXf4KE
— Dave Collum (@DavidBCollum) March 10, 2021
Kudlow is right: higher taxes are coming. pic.twitter.com/NNdBFqAaFh
— Sen. Marsha Blackburn (@MarshaBlackburn) March 10, 2021
lol you can't write this stuff pic.twitter.com/LR3RdOvfrY
— jamesob (@jamesob) March 9, 2021
This gives idea of how long Powell can push QE to longer maturities &/or Twist.
Fed “has >$1.3T of firepower left in securities w/> 7 years to maturity, w/$725B in 20-30-year sector. Looking at TIPS market, the Fed has $600B left before owning 70% of it (1-30 years)”@business pic.twitter.com/ADJVS7kRWO
— Danielle DiMartino Booth (@DiMartinoBooth) March 9, 2021