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Jill On Money
The Compound and Friends
The Fed's Unanimity in the Meeting
The housing market is up 40% year over year. There are a thousand IPOs on the New York Stock Exchange. And they were still buying mortgage bonds. If you're a voting member of the Fed during that and did nothing for a year, should you be voting in 2023 about anything? It seems implausible that we would have that much power concentrated in a bunch of people who have not proven that they can make it.
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