This looks transitory? pic.twitter.com/56eX1mYodz
— Win Smart, CFA (@WinfieldSmart) May 20, 2021
Ultra easy Fed monetary policy amid massive stimulus potentially sets the stage for a “vicious cycle” on the inflation front, Lawrence Summers says https://t.co/mD1Dvt3fhF
— Real Time Economics (@WSJecon) May 20, 2021
That semi shortage is going to be with us for a while pic.twitter.com/ZGcmwpkA5i
— fed_speak (@fed_speak) May 20, 2021
The Fed’s current QE program is still twice the size of the US’s entire defense budget which itself is the single largest item in the US discretionary budget representing half of the budget.
In other words: The Fed’s QE program matches the US’s entire discretionary budget. pic.twitter.com/b738IVGnrm
— Sven Henrich (@NorthmanTrader) May 20, 2021
$40 trillion Fed balance sheet. 😳 https://t.co/PnTUrN6bvm
— Sven Henrich (@NorthmanTrader) May 20, 2021