Review Detail

Fritz seemed to brush off the bank failures and use his regular slides to communicate "don't worry be happy." I did not know how to ask the 2 questions I have. #1 What are the factors that make letting banks fail a bad decision? #2 The Fed on one hand is raising rates to fight inflation (policy) yet according to the Fed's balance sheet in data released last week, the Fed last week bought $300 billion of Treasury debt (actions). What does this mean when Fed actions compete with Fed policy? Where does it go