AI was a convenient vessel for shadow QE these last few years
Now, with rates falling, they can pivot the story - call it an AI bubble, let it crash
then use the crash as justification for renewed, open money printing
Now, with rates falling, they can pivot the story - call it an AI bubble, let it crash
then use the crash as justification for renewed, open money printing
July 2024, https://x.com/stealthqe4/status/1818782094316712148
> We’ve all been wondering where all of this liquidity is coming from in the markets. Stealth QE was being done somehow. Now we have the answer! It’s all in the Treasury increased t-bill issuance. QE has now been replaced by ATI.