Start the conversation
Comment on This Story
Or to contact Money Morning Customer Service, click here.
This site uses Akismet to reduce spam. Learn how your comment data is processed.
The printing presses have barely cooled from the U.S. Federal Reserve's post-crisis $4.5 trillion quantitative easing binge. 2014 seems like a long time ago, but $4.5 trillion is still a lot of money, and that debt is still actively wreaking havoc down in the bedrock of the economy.
Unbelievably, they're firing up the printing presses yet again down in the bowels of the Marriner S. Eccles Federal Reserve Board Building.
This time, they're engaging in a $60 billion monthly bailout of the Treasury market, specifically in the short-duration (six months or less) T-bill space.
That's $60 billion a month, folks. Annualized, this money-printing adds up to another $720 billion in fiat money creation and nosebleed-level deficit financing.
This reeks of pure desperation – panic mode at the Fed. But for savvy investors, there are three unique, easy ways to cash in on the chaos.
About the Author
25-year run as a hedge fund portfolio manager, family office chief investment officer, managing director and general counsel. Internationally recognized expert in credit and equity markets as well as macro risk management.
Tags: The Fed