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#56: Joseph Wang On How The Fed Forever Altered The Investing Landscape

Superinvestors and the Art of Worldly Wisdom

CHAPTER

The Fed's Inevitability of Yield Curve Control

Inflation trends just driven by these kind of secular forces. What kind of problem does it pose that the Fed will not be able to normalize the balance sheet in a way that would potentially counteract those inflationary forces? So I think if there's a persistently high inflation in the country, it actually argues for a more aggressive quantitative tightening," he says.

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