192: Kevin Muir – ‘Whatever It Takes’—How Reserve Banks React to Economic Pressure
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The Fed's Fear of a Stolen Economy
"I understand why the Fed's doing it. I'm sympathetic to it and I think that they're doing the right thing," he says. "But on the whole, they didn't really want to save the system. They wanted it to cleanse out." The central banks will continue to buy and support markets in whatever size is needed, Ben-Ghiat says.
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