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Jeff Snider: The Credit Crunch Is Here As Ultra Rare Bond Market Signal Flashes Red For First Time Since 2008
Forward Guidance
The Effect of Quantitative Easing on Deposit Creation
The Federal Reserve does not print deposits. However, you look at that March 2020 chart of the Fed's balance sheet and then M2 when people talk about money supply,. They seem pretty correlated. So the question is, did quantitative easing trigger other deposit creation or was it the federal government's essentially helicopter payments? I mean, smally economics.
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