#410: The Fed Is Trying To Bring Down The European Banks with Tom Luongo
TFTC: A Bitcoin Podcast
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The Fed's Plan to Keep Rates Relatively Elevated
This isn't QE, it's not the Fed adding to their balance sheet. The old commie fricking FDR destroyed back in the 30s. I just think Europe doesn't have a like to stand on. And that's absolutely what's going on here. Powell can't say any of this either because if they did, it would immediately destroy them and destroy all of their models,. That's what they're doing. He needs market cover through the inflation data in order to keep this running. Now, whether he's going to be able to do that is a good question.
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