I’ve disagreed with everything the Fed has done since 2008, but especially since 2020. The massive covid QE stimulus program was a bad idea from the start, the weak QT effort was a joke, the BTFP bailout that subsidized all bank deposits was awful policy.
10YR Marches Higher
I’ve disagreed with everything the Fed has done since 2008, but especially since 2020. The massive covid QE stimulus program was a bad idea from the start, the weak QT effort was a joke, the BTFP bailout that subsidized all bank deposits was awful policy.