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The Fed's Balance Sheet on the Supply of Neon
"I think we're going to be looking at a bifurcated commodities market," he says. "One that is affected by what's going on in Ukraine, and one that's disaffected by what's not going on in China." He asks: What if the Fed printed a lot of money and went to buy a lot of neon? And Joseph, just for a record, what is the effect of the Fed's balance sheet on the supply of neon?