https://twitter.com/profstonge/statu...ESo4dCCMw&s=19The Fed is sitting on an $8 trillion mountain of stolen goods that it needs to get rid of. Selling it could strangle credit, hike mortgages, and crash treasury markets.
By writing a blank check to Washington, the Fed stuffed an $8 trillion elephant onto a canoe. There is no elegant way to get it off.
Tom
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I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
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