Share on facebook
Share on twitter
Share on linkedin
Share on email

Fed Still Asleep At The Switch On Inflation

With 7% consumer price inflation and 10% producer price inflation, can someone please explain WHY the Fed continues to purchase tens of billions of dollars of government bonds and mortgage-backed securities every week?

The Fed balance sheet has sky-rocketed from $4 trillion in 2019 to close to $8.5 trillion today. Fed purchases of mortgages make no sense, given that we have the hottest housing market in years. Is Jerome Powell TRYING to inflate another 2006-style real estate bubble? Kudos to Fed governor Esther George for calling for the central bank president Jerome Powell to cut the Fed balance sheet in addition to raising rates.

Don’t wait. DO IT NOW

Unleash Prosperity Hotline


1155 15th St NW, Ste 525
Washington, DC 20005