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Posted on
June 17, 2021
by
piousbox
Austin, TX
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Specifically for people who would like a face check-in : )
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The Fed is pinned into a corner from the 2008 can-kick utilizing QE, and the economic effects of COVID. They are stuck battling a collateral crisis AND a liquidity crisis. The Fed is currently fudging the numbers of treasuries to hide a collateral shortage and to try to prop the economy up.