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UHHHH
UHHHH
FACT CHECKERS
SAY IT AIN'T SO
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@Griffith I still think you don't know what quantitative easing is.
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@mac_ack @Griffith
sir he flubbed up basic physics i dont think hes gonna be able tp kniw or understand
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@mac_ack Aight, then my chart is better, because it has the data. Sorry to tell you.
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@mac_ack Yes and I think you're deflecting.
I'd also note your second chart doesn't show the majority of the period before the pandemic. The OG chart does. It's the same data, and you can draw the same conclusions from each chart, but you chose a chart that doesn't.
You're just being dishonest in other words.
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@Griffith No the Fred database S&P data starts in 2016 I wasn't being dishonest. You just have confirmation bias about the OG chart because it's what you want to believe.
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@Griffith Yes, I know what quantitative easing is. Do you?
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@Griffith The OG chart is saying A caused B, but the data doesn't show this. Two examples are in 2020 the S&P cratered and the balance sheet exploded, and in 2023-2025 the balance sheet shrunk and the S&P went UP.
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@mac_ack Do you not know what quantitative easing is? "The S&P cratered and the balance sheet exploded" what do you think this chart is actually saying?
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@mac_ack That side by side shows exactly the same thing the chart does. The *point* is that it used to be under $1T and stable. The OG chart is what happens when you divide the numbers.
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@Griffith prior to 2008 the balance sheet was under 1T and stable. Anything divided by the Fed balance sheet post 2008 is going to look nerfed, but drawing a correlation is better comparing them side by side. This is where the clickbait breaks down.