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wouldn't be surprised if the Fed had come to the conclusion that the US had indeed fallen into a recession considering their latest action
Fed cant get economy going but they know how to juice market in short term all that is left of economy is stimulus
At point is the "velocity of money" which has plunged. All this stimulus has done is push investors to move to risk on assets.
Fed is absolutely terrified & more than willing to risk "hyperinflationary horror" to save the country & the world from "deflationary Hell".
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