Fed’s GIGANTIC asset purchases in March 2020 were not generic QE. They were to sustain “market functioning” in most important financial market of all. Sign up to the Chartbook Newsletter to get a new 4 part series on the crisis in the US Treasuries market.
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"In 2012, there were 99m impoverished people in China. Beijing spent some 1.5tn renminbi lifting them up and sent 2.9m
January 28, 2021
"In 2012, there were 99m impoverished people in China. Beijing spent some 1.5tn renminbi lifting them up and sent 2.9m officials to the poorest villages