The Fed’s Massive Injection of “Liquidity” Also Benefits Uncle Sam

“By announcing that it is willing to throw up to $1.5 trillion in electronically created money in order to give three-month loans to those institutions that bought Treasury debt earlier, the Fed is bailing out not only the holders of Treasury debt, but also the Treasury itself.”

https://mises.org/wire/fed’s-massive-injection-liquidity-also-benefits-uncle-sam