Hello fellow Rebel Capitals, hope you're well, back in HQ, medaeine, decent audio quality, decent video quality, and tomorrow we're getting right back in the swing of it with more whiteboard

videos so stay tuned for that on the George Giamen channel but right now we want to go

into this announcement the Fed just made and like most things they're not being honest with

you I don't think they're revealing their true intentions as to why they are making these policy changes.

So what I'm going to do right now is I'm going to show you the specific policy change I'm referring to,

it just announced a couple days ago,

and then we're gonna go through the nitty gritty

of the data, and I'm gonna show you why there's a lot more to the story than what the Fed is leading you to believe.

So let's start by going over this announcement and you guys we did a video on they kept rates

the same we all know that is all about what Jerome Powell was saying but we also

need to recognize the Fed made an announcement about their balance sheet.

So they've been doing QT, which most of you know is the opposite of QE, QE is when they're buying treasuries, QE or mortgage of

securities, QE is when they're letting them run off their balance sheet. They're not

necessarily selling them

mature.

And so they've been doing that to a great degree.

In fact, let's go over.

We're gonna go back to this announcement. But before we do just so you can get a good

visual here's the feds balance sheets and back in April actually let's go to

May because we're going to be referencing May of 2022 a lot throughout this video.

Very important date.

So we see starting in May, balance sheet around 8.9 trillion and

...