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The Survival Economist
Premiered Jul 4, 2021
If the Fed tapers QE, it may reveal waning appetite for long-term treasuries
The Treasury may have used its cash balance reserve to anchor inflation expectations
If inflation persists, the Fed may have to increase rather than decrease QE
Note: By definition, inflation is an expansion of the money supply. In this article, inflation will be used interchangeably with rising prices (usually as a result of money supply expansion)
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