Mmastodon BusinessEconomy first seen 4 h ago, last just now, peak #11

Fed buying of Treasury bills outpaces Covid-era pace

Original: “The Fed🚨is printing money to buy US TSY bills... more than during Covid. - Covid: ~$320B - Last 9 months: ~$355B Everyo

The US Federal Reserve has bought roughly $355 billion in Treasury bills over the past nine months, exceeding the roughly $320 billion purchased during the Covid-era emergency response. Critics, including investor commentary circulating online, argue attention is fixed on interest-rate decisions while this money creation goes largely undiscussed, at a time when Treasury Secretary Scott Bessent is also issuing substantial new debt.

Why now: People are debating whether the Fed's rapid Treasury bill purchases amount to renewed money printing with inflationary risks.

Federal ReserveUS TreasuryScott BessentKevin Warsh

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Evidence

• “The Fed🚨is printing money to buy US TSY bills... more than during Covid. - Covid: ~$320B - Last 9 months: ~$355B Everyone is talking about the # Fed hike...🚨no one is talking about # Warsh printing money Covid-style to buy UST bills. At the same time, # Bessent 🚨is issuing… · KimPerales@toad.social · 7

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