• Biddles [he/him, comrade/them]@hexbear.net
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    6 days ago

    Financial analyst Lyn Alden counters that the Fed is simply reinvesting proceeds from maturing bonds to prevent rapid balance-sheet shrinkage. Technically true

    The market knows when the Fed’s treasuries mature, and they know that the Fed will replace some of that run off with new purchases. This was 100% planned and expected literally years ago

    Article is by a weirdo Ron Paul type