#8 GREED & Fear
Behind the Balance Sheet
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Is the Fed Doing Another Utun?
Central bankers will be rendered as just am puppets, puppets, which isn't good. They haven't been independent for many years. But the difference about m m t is you now have people explicitly advocating it. Their line was at m m t, be inflationry. But actually, given the current inflation serge, they're on the back foot. And you think that they'll lose credibility as a result. Because t it seems to me, wat, that's possible as possible. People like stephne kelton just haven't been challenged. The very fact that e the fed is now talking orthodox means that the, i thet, they have turned their their back
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