The Fed openly promotes asset bubbles. Whatever “benefit” they see from that “accommodation” ends NO LATER than the moment they stop QE.
That's arguably a better way of saying things. I was looking at things from the Fed's point of view. They Fed openly promotes asset bubbles. Whatever "benefit" they see from that "accommodation" ends NO LATER than the moment they stop QE. https://t.co/cvoXu5tMhZ — Mike "Mish" Shedlock (@MishGEA) August 30, 2021 When the money printer goes … Read more