Insights for Navigating an Uncertain World
“In just 7 months, the Fed has already bought almost as many Treasury bills ($290 billion) as it did during Covid ($320 billion). In other words, the Fed is printing money to buy UST bills, thereby suppressing yields… How long until they will implement yield curve control?”
Mark Skidmore is Professor of Economics at Michigan State University where he holds the Morris Chair in State and Local Government Finance and Policy. His research focuses on topics in public finance, regional economics, and the economics of natural disasters. Mark created the Lighthouse Economics website and blog to share economic research and information relevant for navigating tumultuous times. View more posts
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