Ep. 363: The Fed Is Crowding Out Private Capital

The Federal Reserve is crowding out private capital. It has engaged in what feels like perpetual quantitative easing (“QE”) since 2008. The Fed buying corporate credit is the latest perversion from this increasingly political institution. Read the full article here: https://tek2day.com/2020/05/11/the-fed-is-crowding-out-private-capital/