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Re:US inflation jumps to 31-year high amid global supply cha... by wbsss4412 on Wednesday November 10, 2021 @11:26AM (#29176520)
The fed was in the process of lowering its balance sheet pre pandemic.

You only have to look back to 2019. [1]

[1] https://www.investopedia.com/the-fed-continues-to-reduce-its...

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