Have You Been Fooled By This Chart? QE vs Stocks

Mainstream narratives say that QE is money printing that causes stock prices to soar This is not true

The chart below has to be one of the most famous, and circulated, charts of the past decade.

Countless people have observed that both data sets dovetail nicely in an upward trajectory, and come to the conclusion that the stock market is rising because of the Fed’s massive expansion of bank reserves.

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