The Federal Reserve's action essentially uses newly printed money to fill the fiscal deficit. The cost of this operation is extremely high: it will directly overdraw the dollar's credit value as a global reserve currency.

When the central bank becomes the largest buyer in the treasury market, the money supply will be artificially inflated. Following the current pace, this flood of liquidity will eventually transmit to the consumer end. The resurgence of inflation is no longer a question of 'whether it will happen,' but rather 'when it will arrive.' We are in an inflationary spiral driven by liquidity, and the actual purchasing power of the dollar will face long-term downward pressure. #BinanceABCs