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kleinbl00 · 1803 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.