“purchasing Treasuries through QE programs expands the money supply, injecting liquidity into the financial system. This ultimately results in asset price inflation and the erosion of purchasing power in the dollar.”
I collaborated with Sam Callahan to publish a research report on fiscal dominance:
https://www.lynalden.com/full-steam-ahead-all-aboard-fiscal-dominance/
“purchasing Treasuries through QE programs expands the money supply, injecting liquidity into the financial system. This ultimately results in asset price inflation and the erosion of purchasing power in the dollar.”
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