What a time to be alive.
From one of Investment Hulk's friends:
So the fed either has to stop QE (this is effectively QT if RRP exceeds QE), or raise IOER to incentivize holding more cash. Either way, it appears we’re reaching the end of Monetary Stimulus Road. Where to next? pic.twitter.com/s1V3tMWiS6
— Here for the Fin (@hereforthefin) May 25, 2021
