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Evans-Pritchard Reports From WEF Conference

Started by Anthony Citrano · 1 year ago

The Fed did not panic -  “The move was imperative to prevent a grave financial crisis spiralling into disaster. The threat of a melt-down in the $2.4 trillion market for US municipal bonds had suddenly moved from possible to imminent. No monetary authority could ignore such risks… Calvinist monetary discipline at this point would wreak [...] ... Continue reading »

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