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#1205 Cullen Roche | The Disastrous 2023 US Economy Explained

The Pomp Podcast

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The Fed's Design to Clear Payments in a Financial Crisis

"The Fed is designed to sit in the middle of this and say, look, we're going to clear the payments between these two entities," he says. "And that way, we'll shield Anthony and Cullen from having their own economic problems."

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