779: Max Wright: The Bitcoin Bungee Theory
Cashflow Ninja
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The Fed's Plan to Bail Out the Economy
I think the Federal Reserve balance sheet sits at around nine trillion. And so they'll let it go. They'll let the real stock at real estate market go a long way down. They get to scoop up pennies on the dollar foreclose on people still their homes etc etc. But there is a point where it completely breaks the entire system and everything then they lose the goose that lays the goal, says Julian Zelizer.
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