a thoughtful web.
Share good ideas and conversation.   Login or Take a Tour!
comment
kleinbl00  ·  55 days ago  ·  link  ·    ·  parent  ·  post: Brr.................BRRR.....Brr.....Brrrr. .......Brrr...BRRRRRRRRRRRRRRRRRRR

Yup. At the time, the argument was Powell was giving up all the balance sheet he'd clawed back in a year.

One of the wonks pointed out that we're basically at rate control, like Japan, at which point there's no reason to buy bonds.