The Federal Reserve just turned inflationary as Jerome Powell slashes treasury sales.

5 months ago
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The Federal Reserve just turned inflationary as Jerome Powell slashes treasury sales.

This is super for stock investors who’ve come to expect the Fed will bail them out whenever it rains.

But it means hundreds of billions sloshing around to drive inflation. https://x.com/profstonge/status/1904148696071376975

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