FED adds $16.9BN MBS over past week! Despite UST offset, $4.4BN net add’l securities… Yes, they’re blatantly screwing with us. It’s hard to stomach that the FED is corrupt, but hard to deny if you just open your eyes.

🚨FED adds $16.9BN MBS over past week! Despite UST offset, $4.4BN net add'l securities.

Why won't inflation go down, especially for housing? How did the stonk market rally despite a 9.1% #CPLie print?

Because the FED seems to have brazenly LIED to the American people about QT. pic.twitter.com/cQzUMLIoRj

— Occupy The Fed Movement (@OccupytheFeds) July 21, 2022

Just so we're crystal clear. NO the FED does not appear to be following its official "plan" to shrink the B/S!

YES this is INSANE given RAMPANT inflation!

BUT also YES the FED's buying WAY less than before.

AND NO you can't taper a Ponzi so be VERY CAREFUL trading risk assets.

— Occupy The Fed Movement (@OccupytheFeds) July 21, 2022