Fed: We need QE. But if we call it QE @LawrenceLepard and @LynAldenContact are gonna “Big Print” and “Nothing stops this train” meme us to death. I know! Let’s call it RMP instead!

Lawrence Lepard, "fix the money, fix the world"
@LawrenceLepard
12-13
Jerome Powell:
"This [Reserve Management} is completely separate from monetary policy. It’s just we need to keep an ample supply of reserves out there.”
LL: growing your balance sheet by $40B a month is completely separate from monetary policy? Come on man, WTF? 🤦♂️
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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