Tag Archives: dollar debasement
Liquidity At Any Cost
Over the last few years, it appeared that the Federal Reserve was finally attempting to get its house in order. After the insane pandemic-era peaks, where its balance sheet ballooned to over $8.9 trillion, the central bank spent years on a steady program of balance sheet reduction. Continue reading
Countdown to May Madness
May 2026 cannot come soon enough for Federal Reserve Chair Jerome Powell. That’s when his term is up. He can hang around as a Fed governor until 2028. Though, in the past, most Fed chairs have stepped down when their term is over. Continue reading
Dollar Debasement as Permanent Policy
Fed Chair Jerome Powell recently stated quantitative tightening is about to end. What’s more, this will happen well before the Fed’s balance sheet ever gets close to $4 trillion, which is where it was prior to the coronavirus money printing festival. Continue reading
Be Careful What You Wish For
If foreign investors reduce their holdings of U.S. Treasuries, then who will pick up the slack? If foreign central banks are not buying Treasuries, how will the government finance its debt? Continue reading
