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42 sats \ 3 replies \ @Bell_curve 6h \ parent \ on: Fed to End Quantitative Tightening (QT) On December 1st & Cut Rates by 25 Points econ
The problem is that QT started too late and ended too late
3 years of QT is too long plus diminishing marginal benefit
Since I'm in the End the Fed camp, no amount of QT is too much for me.
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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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