QE4 Started & Nobody Noticed

[r3volution 3.0]

I think it was at the last Fed meeting at Jackson Hole I saw this interview with a guy from India. The interviewer asked him something like: "Why can't you just lower rates (in India) to promote growth?" He replied: "We're not like you, we have to worry about inflation."

It's like we're in this fantasy world where the laws of economics have been suspended. But it can't last forever.

And it won't; the dollar lost nearly 10% against the euro, franc, etc, at the height of the crisis.

It will keep losing more as these crises unfold; more importantly, the dollar and its competitors are all losing against gold.

It's possible that the dollar will beat the euro, etc, for a time, while all devalue against gold.

Gold being an international money, the only true one, it will beat all the devaluing state currencies, as it has for years.

 

[devil21]

Reverse repos aka reverse QE aka "tapering" already underway?

http://www.ronpaulforums.com/showthread.php?554091-Repo-market-weirdness-has-returned

 

[pmbug]

I haven't been posting updates to this thread, but I have been watching the Fed's balance sheet via their weekly reports. The Fed was bouncing around the $7T mark for several weeks...

It's been ~2.25 years since that post. The current balance as of Feb 9, 2023 is $8.485T - down from a peak of around $9T.

You can find reports on the Fed balance sheet here:

https://www.federalreserve.gov/releases/h41/

 

[jon4liberty]

M2 supply dropping but the commercial banks create inflation not the fed