Friday, May 14, 2021

No endgame

The QE Endgame: A Big Problem Is Emerging For The Fed

Not this epoch.  t will take a severe regime change in Congress to stop the Fed seigniorage taxes. Those taxes are keeping the Swamp in one piece, Congress cannot give them up.Congress will sacrifice the giat banks before they give up that tax.

That is the scary part, and that is what bugs Janet, she has been there, done this. She cannot find an exit.

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