[DuncanWaring]

If you take $85 billion per month (~$1 trillion per year), that’s pretty-much textbook definition of a recession if not depression.

$85 billion per month in checks that are being written to “somebody”; all of a sudden “somebody” isn’t getting $85 billion per month - they’re going to notice.

[Toddsterpatriot]

If you take $85 billion per month (~$1 trillion per year),

Take it where?

$85 billion per month in checks that are being written to “somebody”;

Checks are being written to the banks.

They get cash earning 0.25% and give up, bonds earning 2%-4%. Sounds like the banks are losing here.

all of a sudden “somebody” isn’t getting $85 billion per month - they’re going to notice.

Yes, banks will notice more interest income.

Why does ending QE put us into depression?