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I Think Asset Prices Help Stimulate the Economy
i've been studying the long term debt cycle a little bit, and i'vere watched ray dallio's brilliant video how the economic machine works. And it really makes me realize how much our economy is really driven by credit. The more icanno study the stuff and study what the fed's doing, it's more the so balancing effect. They need to give liquidity to the markets and try and maintain stability, but not trying to provide too much liquidity like they did over the past couple of years.