Re:Tether reserves backed by 2.9% cash
by whimsicalism on Friday May 14, 2021 @10:45AM
(#27154857)
I like how QE is becoming a catch all for "expansionary monetary policy I don't like."
Changing reserve requirements is part of conventional monetary policy, it is not QE.
Edit: another poster linked the actual Fed announcement and it is actually 1 year since the reserve requirement has been lifted.