The Fed Is Worried About Two Thousand Eight

The fed is desperately afraid of two thousand eight happening all over again. The Fed balance sheet's important, but it's not as important as m too in this cause that's the money that's actually out in the eko system doing stuff that's flat. And i think that everybody fights their last monster, so i believe that that two thousand eight moment was literally a nearly light out systemic ancial failure. I think they're really worried about it. So my view right now is there's a chance they don't know what the hell they're doing.

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