2min chapter

The Compound and Friends cover image

The Most Powerful Man in Washington Stays Put, How to Buy a Correction (with Tony Dwyer)

The Compound and Friends

CHAPTER

Is the Fed Backstoping Corporate Credit?

The Fed has raised almost a trillion dollars just since March, Obama says. He's proud of the fact that he was able to use the word retrenchment in a sense. A lot of people look at the Fed almost from an academic framework,. As you know, I'm not right enough to do that; I use practical stuff.

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