We can clearly see how fiscal policy is providing liquidity to the markets while monetary policy has gone the other way. I'm already looking forward to the day (coming soon) when the fiat ponzi scheme is forced to run both hot in a coordinated fashion to combat the credit collapse.
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It's coming soon. I think the fed is trying to bb push it into 2024. Strange. I really thought they would move pre election.
Maybe they are not playing Biden's game and are trying to save their 'product'??
Possibly. I find it hard to believe that they would actually act like an independent fed, even for just a little while.
It's nearly impossible. But they put SOFR into place, too and are turning their back on the climate bs. And: they let Tether do its thing...