13-01-2022, 08:06 AM
(12-01-2022, 09:41 PM)Galilo_l Wrote: If they backfire
https://sg.finance.yahoo.com/news/how-th...01970.html
I find their definition of ASSETS on the Fed's balance sheet to be very yucky (at least since 2008). Basically, they issue new government securities and buy these securities themselves with newly created money and then call them assets.