As Everything Bubble Implodes, Frazzled Fed Rolls Out Fastest Mega-Money Printer Ever, up to $4.5 Trillion in Four Weeks | Wolf Street
In total, this would amount to nearly $4.5 trillion through April 13 that the Fed is offering to create to bail out Wall Street, repo market participants, the asset holders, the banks, and Corporate America. It would more than double the already re-ballooned balance sheet (currently $4.3 trillion). It could push the balance sheet to nearly $9 trillion by April 13.
This is apparently the price of trying to maintain the insane Everything Bubble that the Fed has created since 2009.
But when you think about it, it’s really nuts what the Fed has done since 2009 to create the Everything Bubble. And what it is trying to do now to contain the implosion of the Everything Bubble is even nuttier.