This makes one think how dramatic the fed’s easing scale will be when it’s needed. It’s a trend and a race between developed countries.
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With the above being said, Fed is in a sweet spot that they are equipped with all the tools when they are needed. No rush to cut rates simply because economy is quite strong and we can afford to wait and see to be sure inflation is dead.
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He has it backwards when wanting to ban useful tokens and seemingly not caring about those without specific utility.
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