Is a Great Reset of Monetary Policy Coming After Massive Money Supply Expansion?

Is a Great Reset of Monetary Policy Coming After Massive Money Supply Expansion?
The Federal Reserve Board building on Constitution Avenue is pictured in Washington, on Mar. 27, 2019. Brendan McDermid/Reuters
Andrew Moran
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In response to the coronavirus pandemic, the Federal Reserve took extraordinary and unprecedented action to cushion the economic blows resulting from the global health crisis.

Over the past two years, the central bank expanded the money supply by more than $6 trillion. The pandemic-era round of quantitative easing led to the creation of nearly 50 percent of all new U.S. dollars ever created in the nation’s history.
Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."
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