The Fed has pumped a few trillion dollars into the global economy. This will inflate some prices somewhere.
The inflation has hit equities and real estate but kept consumer prices mostly intact.
The trillions aren’t going anywhere for a long time...
Our world would be a lot more interesting if that had went directly into the hands of citizens instead of the hands of real estate and Wall St.
Is the Fed buying real estate now? I knew they expanded to ETFs and bonds, but are they actually buying land/buildings or REITs?
Money has to go somewhere. The feds and gov of the world have ensured that no one can be in cash for long. So, money must go into equities, gold or bitcoin
Monetary velocity is collapsing.
Literally everyone seems to have turned into an Austrian economist lately.
Nobody remembers "pushing on a string" these days and the "Fed Put" is so accepted that it isn't even discussed, it is just assumed the world works that way.
https://en.wikipedia.org/wiki/United_States_v._$124,700_in_U...
Keynesian policies have been all the rage in the western world in the last decades - we'll pay the price at some point.