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Bunker Legend
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Bidens blOWING the hell out of the debt AND the FED is increasing its balance sheet like nobody’s business. WAY ahead of the ECB and BOJ.
Powell has spent the last part of — the better part of the last week insisting that they’re not even thinking about slowing the growth of the federal reserve balance sheet, which is step one before they can even contemplate raising interest rates.
This is gonna get ugly.
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