2min chapter

The Loonie Hour cover image

The Default Cycle Has Just Begun

The Loonie Hour

CHAPTER

The Federal Reserve Minutes Are Never of Substantiality, Right?

"I'm not defending them. I'm just sharing, you know what they've taken the first step," he says of Canada's central bank. "They were clearly at the point where they said, okay, we need to stop what we're doing because they believe they've now reached the point where ... very bad things may happen." He adds: "Just people understand it... But that's where you are".

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