In 19, they were starting having problems in the financial markets. Then Covid came and they just blew it through the roof up to $9 trillion. And then the inflation was out of control. So They tried to stem inflation, started quantitative tightening. which is the reverse. They started selling their Treasuries and mortgage backs into the market, pulling cash out. But the problem is they can never get out the amount of money they put in without cracking things and cracking the markets. (1:06:34–1:06:39)
CLAIM
Asserts that the Federal Reserve attempted to control inflation by starting quantitative tightening.
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