Thanks mate.
The FED buying treasuries has been going on for some time now, as foreign nations, especially China, have largely curtailed buying US paper.
Since Bretton Woods was imposed, the USG has abused the dollar's reserve currency status, which allowed it to debase the currency on a grand scale since the inflationary effects were absorbed globally.
Now they are rapidly monetizing that debt by debasing the currency even more with FED printing up trillions in phantom money, but this time the global market has largely dried up, while the USG's voracious appetite for other people's money has only grown.
The USD's reserve currency status is coming to an end, soon. The writing is on the wall with the complete failure of the US sanctions regime against Russia which have driven the ruble to historic highs, the rise of alternatives to SWIFT, the utter inability of the chattering classes to grasp reality, and a flurry of other straws, too numerous to list, blowing in the wind.
The century-long progressive project to enslave the greatest economy in the world with the big-government, income tax, fiat currency-central bank yoke is coming to an end, and we are going to live through a major geopolitical shift.
What is of utmost importance is that those like us are still standing on the other side, to guide the nation back to the first principles that made it the most free and prosperous nation in history.