Ron Paul is right. There is no chance the Fed will unwind any of this post-crisis balance sheet expansion.

See this clip, 1:04 mark. Ben Bernanke tells @RonPaul that his plan is to get the balance sheet to 'something under $1-trillion.' (March 2010)
There is no chance the Fed will unwind any of this post-crisis balance sheet expansion.t.co/yVHlMyp7xj

— Peter Schmidt (The 92ers) (@The92ers) May 21, 2020