No financial experts have been able to figure out how this will be possible with the deficit projected at $2 trillion this year and no other buyers available for mortgages.
Or maybe there is no exit strategy.
Fed Balance Sheet
The Federal Reserve's Balance Sheet (aka the amount of money they are printing) continues to hit fresh record highs month after month as seen in the chart below:
This will continue until March with their continued purchase of mortgages and treasury bonds. We are told by Berananke that in March it will stop and he will begin his "exit strategy" to remove the wall of money from the system.
No financial experts have been able to figure out how this will be possible with the deficit projected at $2 trillion this year and no other buyers available for mortgages.
Or maybe there is no exit strategy.
No financial experts have been able to figure out how this will be possible with the deficit projected at $2 trillion this year and no other buyers available for mortgages.
Or maybe there is no exit strategy.
