"The money that the Fed has been spending to buy government-backed debt has just been to bail out the government."

"The money that the Fed has been spending to buy government-backed debt has just been to bail out the government." Senior fellow @judyshel talkes to @JoeSquawk @SquawkCNBC about Fed spending. pic.twitter.com/M0hekzaO4n

— Independent Institute (@IndependentInst) September 30, 2021