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The Worst Chart in Finance (EP.301)

Animal Spirits Podcast

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The Fed's Intentions Are to Break Things

Jesse Livermore: It's easier to fix a banking crisis than an inflation. The Fed could just say, hey, you know what, like if the banking thing gets out of hand and I'm not suggesting that it's going to, but they could just take yields from 475 down to 275. Boom, problem fixed. Bonds are whole. Thanks for solving.

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