QT (quantitative tightening) reduction from the Fed is a form of quantitative easing; slowing the pace of balance sheet runoff is still easing, and the Fed's $5 trillion cap is cosmetic, as it could have announced zero rolloff but chose the higher number to avoid waking people up.
causalpending
Speaker
Kai HoffmanEvidence Quote
“QT uh the reduction of QT from the last Fed press conference. I'm not sure it got enough attention because I think that was quite pivotal”
Source
Inflation Is Not a Mistake – It’s a Strategy, 2025 Crash Explained | Daniel Lacalle— Soar FinanciallyCreated: 8/11/2026, 7:10:29 AM
My Notes
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