by Dominique Dassault, Acting-Man.com:
What is “the man” doing?
1 Printing money… literally. Paused… for now. Still reinvesting principal/proceeds from maturing securities to maintain $4.5 trn. balance sheet size.
2 With that freshly printed money [of which there were never any quantitative limits] “The Man” is buying government debt [treasury notes and bonds] to purposely lower interest rates since 0% just is not low enough to adequately stimulate final demand.
3 As the largest purchaser of U.S. federal debt [30% of all new issues] “The Man” is purposely increasing the price of that debt [making it more expensive for you to acquire] in order to disincentivize you from purchasing “risk free” assets. The idea is to direct you toward investing in riskier assets [i.e., equities] because “The Man” knows what’s best for you and the general economy.
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