Bernie crashed my studio briefly........the Fed is impotent and incapable of staving off the reality of economics. All emergency stops once visited to delay catastrophe have been blown like the ballast on a critically hit submarine. We have seen them time and time again perform the same playbook - low interest rates, quantitative easing, bailouts, repo rescues, liquidity injections, transfers to balance sheets....blah blah blah blah. The dollar is the leper with the most fingers left. You know what to do.
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