Past Midway Ramblings on Business & Life

ArchiveApril 2021

The Expanding Federal Reserve – Part 3

This is Part 3, the final part, in my series on the Fed. Review In Part 1, we discussed the Fed’s massive financial intervention into the mortgage-backed security market during the 2008+ recession. During this time, the Fed pumped ~22% of a single-year’s GDP into the market, spread across six years. Keep this figure in the back of your mind because we’ll revisit this enormous, unprecedented slug...

Past Midway Ramblings on Business & Life

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