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The Impact of Quantitative Tightening on Real Economy Money
The last time the US government sent checks, I don't make people has been April 2021. It's been one and a half years since we have seen the fiscal stimulus that boosts the amount of disposable money for us. And the financial sector is getting starved of financial dollars as I call them, which are bank reserves. When these two happens at the same time, actually, you have to expect either liquidity systemic events or economic slowdowns or both at the sameTime.