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For years now, the Federal Reserve has tried to normalize itself from the worrisome Federal balance sheet, which has reached the $8 Trillion mark. Despite the targets for normalization, no real policymaking strategy seems to support this objective. The Fed is closer to Japanification, as the federal rates remain near the zero percent mark, and the reserve keeps pilling up. Could the recent Trickle-Up economic implementations by the Biden administration permanently trap the Fed?
Socials:
Insta- @nuno.hfg / @academicobserver.podcast
Linkedin - @nuno.hfg
By Nuno GomesFor years now, the Federal Reserve has tried to normalize itself from the worrisome Federal balance sheet, which has reached the $8 Trillion mark. Despite the targets for normalization, no real policymaking strategy seems to support this objective. The Fed is closer to Japanification, as the federal rates remain near the zero percent mark, and the reserve keeps pilling up. Could the recent Trickle-Up economic implementations by the Biden administration permanently trap the Fed?
Socials:
Insta- @nuno.hfg / @academicobserver.podcast
Linkedin - @nuno.hfg