Can the Fed Really Exit?
Too Big To Exit?
Spurred on by misguided academics, the race is on among policy-makers to shrink Central Bank balance sheets. The outcome could be disastrous because debt-ridden economies demand highly liquid financial markets in order to roll-over and maintain these debts. We question in this report whether the US Fed has become ‘Too Big To Exit’?
See our latest published research, Global View – Too Big To Exit? – February 2022
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