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Explaining Macroeconomics, The Fed, Interest Rates and Valuations (with Matt McBrady)
ACQ2 by Acquired
The Fed's Commitment to Buy Additional Securities
The fed provided exceptional stimulus and covet. The extra 120 is literally the fed's commitment to buy additional securities from the market that it went into. And so every month, just like we said before, just like in the old and it's a wonderful life world where it's like ben bank ink needed Actually credit the hundred million dollars of credit to sta off in nervous customers and reassure them in a bank panic. They effectively do the same thing now.
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