Seems as tough they already have. QE4 that is not "QE4"
. If I'm not mistaken the Feds announced "very quietly" Monday their intent to repo $500b in treasury bills and $200b in mortgage backed securities. Plus there was an earlier report that the Feds have promised to do the same up to $1.5T in the coming months.
If debt is our underlying economic problem, it seems this should be suicide especially when the most primary recipients of this balance sheet influx goes to bankers who can lend this money out at at 10 times the amount on their respective asset balance sheets.
