money supply | John Barleycorn

Fed’s Powell: Balance Sheet to be “Substantially Smaller.” How Small? He Gave Big Clues. My Dive into the Dynamics & Charts | Wolf Street

Fed’s Powell: Balance Sheet to be “Substantially Smaller.” How Small? He Gave Big Clues. My Dive into the Dynamics & Charts | Wolf Street
— Read on wolfstreet.com/2019/01/11/feds-powell-balance-sheet-to-be-substantially-smaller-how-small-he-gave-big-clues-my-dive-into-dynamics-w-charts/

The main reason why the ECB quantitative easing program has failed is that it started from a wrong diagnosis of the eurozone’s problem. That the European problem was a demand and liquidity issue, not due to years of excess.
— Read on mises.org/wire/ecb’s-quantitative-easing-was-failure-—-here-what-it-actually-did

Unintended consequences