The Fed Is Monetizing Debt Again — And They're Lying About It Schiff's central claim is that the Federal Reserve’s $40 billion-per-month Treasury buying spree is just a slick rebrand of quantitative easing. He calls it debt monetization. And here, he’s right on the money — pun intended. While the Fed refuses to call it QE, the result is the same: expanding the balance sheet to keep the wheels greased, all while pretending the machine isn’t on fire. When central banks print to buy government debt, it’s a lifeline for a system that can’t fund itself without artificial demand. Schiff’s comparison to addiction is apt: once you start down this path, you don’t go back without a crash. ✅ Agreed:…
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