ECB’s total assets now equal to almost 80% of Eurozone’s GDP vs Fed’s 37%, BoE’s 39%, and BoJ’s 133%.

https://twitter.com/macro_daily/status/1432858114919960583

Hey @neelkashkari… why is the Fed lending money to Blackrock at 0.05% to go out and buy houses (i.e., compete against poor people), vs. poor/middle-class Americans who are forced to take home loans out at 4-5%? Is this not the definition of inequality?

— Gordon Johnson (@GordonJohnson19) September 1, 2021