3min chapter

Money For the Rest of Us cover image

Will Quantitative Tightening Lead To Even Greater Financial Losses?

Money For the Rest of Us

CHAPTER

Quantitative Easing - What Is It?

In fiscal years 20 20 and 20 21, the us. Ran a six trillion dollar federal budget deficit that led to a 6 trillion dollar increase in wealth across the economy. At the same time, the federal reserve bought three and half trillion dollars of government bonds over that same period. And as a result, new cash into the economy increased by three and a half trillion dollars.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode