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So much new money was created during Covid that they needed QT to mitigate what would have been much worse inflation
The problem is that QT started too late and ended too late
3 years of QT is too long plus diminishing marginal benefit
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Since I'm in the End the Fed camp, no amount of QT is too much for me.
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42 sats \ 1 reply \ @Bell_curve 6h
The goal should be stability not QE or QT
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The goal should be market prices rather than central planning
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