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Posted in 1 - Liquidity Trader, Fed, Central Bank and Banking Macro Liquidity

Not QE? The Financial Times Is Either Stupid or Lying

The pause in the growth of the Fed’s balance sheet over the past 6 weeks isn’t what the pundits are telling you. Some are saying that it’s evidence that the Fed is not doing QE. They’re either gaslighting, or clueless. But we know what it is, and we know what happens now.

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