”The Fed is lying to us! They told us they would taper in December, but the balance sheet keeps on growing!”
The Fed announced it would start to taper its asset purchases from $120 bn to $105 bn per month in December. But the Fed balance sheet size increased by $140 bn in the first 23 days of December alone!How is this possible? 2/ — Alf (@MacroAlf) December 28, 2021 According to their tapering plan and … Read more