JPOW and his Unlimited Money Glitch The unsung hero (or villain based on your opinion) of the capital markets has been the man with the power to print unlimited money, Federal Reserve Chairman Jerome Powell. Known as JPOW on Reddit, Powell has printed over 30% of the total supply of money in one year. His strategy was pretty simple: have the Federal reserve print money to buy up Treasuries (quantitative easing) in order to stabilize the credit markets and keep yields low. Keeping yields to all time lows has allowed the stock market to roar, while also keeping debt cheap which in turn lets the economy recover much quicker as the cost of debt is minimal. Here is a gif of JPOW letting the money printer go into hyperdrive:
Pulse of the Market - March 2021
Pulse of the Market - March 2021
Pulse of the Market - March 2021
JPOW and his Unlimited Money Glitch The unsung hero (or villain based on your opinion) of the capital markets has been the man with the power to print unlimited money, Federal Reserve Chairman Jerome Powell. Known as JPOW on Reddit, Powell has printed over 30% of the total supply of money in one year. His strategy was pretty simple: have the Federal reserve print money to buy up Treasuries (quantitative easing) in order to stabilize the credit markets and keep yields low. Keeping yields to all time lows has allowed the stock market to roar, while also keeping debt cheap which in turn lets the economy recover much quicker as the cost of debt is minimal. Here is a gif of JPOW letting the money printer go into hyperdrive: