{"by":"michaniskin","id":28028542,"kids":[28032455],"parent":28028172,"text":"This "perpetually moving target" will need funding to operate. The Fed will always be able to afford to lose more money than the private sectors can afford to lose. Remember that the government doesn't need infinite resources, they just need <i>more</i> resources than the private sector can muster.<p>This is something the Fed does all the time, this is exactly how they distort the economy to set interest rates and bond yields. They have been 51% attacking the bond markets for decades, and all the bond shorts who thought "they can't possibly keep printing at this rate" lost their shirts.","time":1627841557,"type":"comment"}