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6min chapter
Mike Green: The Fed's Already Breaking Markets
The Macro Trading Floor
The Green Revolution
There is almost no example of a pandemic or a global crisis creating conditions under which the neutral rate rises, particularly if you x out war. It's hugely different in terms of the implications to rebuild a road that has been destroyed and no longer functional. We want more homes in wrong places. We want them in dallas and atlanta. And we've got a crop of young people who are trying to pile into relatively inexpensive homes in manhattan while ignoring other areas where they might be better suited. So what should be a relatively easy path is not. But, mike, i mean it must be inflestion because,. of course, that's not real rates after the pend
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