Quantitative easing is back
“To me, these apparent contradictions in communication mean that the Federal Reserve is looking to prevent a financial asset meltdown while at the same time trying to avoid a higher concentration of risk. It may be, again, trying to manage the waves in the tsunami.”
USAGOLD note: It is impossible to manage a tsunami. When the warning goes up, the residents head for higher ground.
Repost from 10-11-2019