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48. MONEY | Net Liquidity Rules Everything Around Me

Alfalfa Podcast

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The Fed Wants Us to Be Looking at Interest Rates, Right?

The fed wants us to be looking at interest rates thinking, oh, my god, this is going to drive stuff. But behind the scenes, they can pull all these levers that may have way more of an impact on what's actually happening in markets. We look at the feds balance sheet, reverse repo facility and the treasury general account. And we know that they're going to double the quantitative tightening in september to 95 billion a month.

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