The Fed's "Not QE" #money printing exercise looks a lot like a similar year end mechanism in 1999 to deal with potential market fallout from Y2K, right down to stock prices soaring.
What happens when the money is withdrawn?
https://moneymaven.io/mishtalk/economics/jim-bianco-says-this-is-qe-like-y2k-dk36VnGNK0arpiKPJ7U00g
#news #economy #banking