5min chapter

Real Vision: Finance & Investing cover image

Raoul Pal & Michael Howell: Why Liquidity Matters More Than Anything Else

Real Vision: Finance & Investing

CHAPTER

The Relationship Between Interest Rates and QE

The Federal Reserve is using its balance sheet to monetize interest payments. The tax based at the moment is squeezed dry, and you can't raise tax rates anymore. And so the government is in a real domain. They haven't thought through this AI dimension at all. We're going to take a quick pause and hear a word from our partners.

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