The outcome of this FOMC meeting is even more dovish than expected
Basically certain: the Federal Reserve is about to turn on the taps💸
The funniest part is—wasn't it said before that QE would only start once the benchmark interest rate hits zero?
Now interest rates are still hanging in the air, and they want to loosen policy again. What to do?
Simple! Just repackage it: We call this the "Reserve Management Purchases" (RMP)
The name has changed, but essentially it's the same old trick
To put it plainly, the central bank will still print money when needed
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0xSherlock
· 12-11 07:48
Here we go again, just change the name and act like it's a new dish, nobody will believe it.
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MetaNomad
· 12-11 07:47
Changed your name again? Wake up, this is just QE changing aliases.
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GhostWalletSleuth
· 12-11 07:46
Renamed again, truly remarkable... A classic move of changing the wrapper but not the substance.
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OPsychology
· 12-11 07:43
Changed names again haha, the Federal Reserve's tricks for renaming are really brilliant. Just switch aliases and keep printing money.
The outcome of this FOMC meeting is even more dovish than expected
Basically certain: the Federal Reserve is about to turn on the taps💸
The funniest part is—wasn't it said before that QE would only start once the benchmark interest rate hits zero?
Now interest rates are still hanging in the air, and they want to loosen policy again. What to do?
Simple! Just repackage it:
We call this the "Reserve Management Purchases" (RMP)
The name has changed, but essentially it's the same old trick
To put it plainly, the central bank will still print money when needed