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home / news releases / TYBS - U.S. Money Supply - The Pandemic Moonshot


TYBS - U.S. Money Supply - The Pandemic Moonshot

By Pater Tenebrarum

Printing Until the Cows Come Home…

It started out with Jay Powell planting a happy little money tree in 2019 to keep the repo market from suffering a terminal seizure. This essentially led to a restoration of the status quo ante "QT" (the mythical beast known as "quantitative tightening" that was briefly glimpsed in 2018/19). Thus the roach motel theory of QE was confirmed: once a central bank resorts to QE, a return to "standard monetary policy" becomes impossible. You can check in, but you can never leave.

Phase 1: Jay Powell

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Stock Information

Company Name: Direxion Daily 20+ Year Treasury Bear 1X Shares Direxion Shares ETF Trust
Stock Symbol: TYBS
Market: NYSE

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