“Quantitative Tightening”
(media.scored.co)
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Can someone ELI5 what this means?
Isn't this just $160 billion? Isn't that like a week's worth of government spending? Does that amount even matter?
This is the fed losing money. Usually the fed makes profits and those profits go towards paying government bills, mostly the interest on our debts. Now not only are we on a spending spree, the fed is now losing money so no paying that interest anymore.
Uhhh they just ask their jew masters to print some more?
It's certainly not any real kind of engineering problem. It's a problem with the bullshit debt-based economy and currency. An Excel problem.
This is a big deal to people who think the dollar actually has value.