Climate Szenario Analysis - The Fed's Pretext to Pick Winners and Losers

The more you centralize, the more fragile the markets are. And it's really a question of they're going to pick winners and losers. The Fed has no historical experience with climate data. That's a bunch of nonsense. This is just a control mechanism that the Fed is implementing to do exactly what you just said,. They're going to use climate as a pretext to do exactly that.