The Problem with Pausing, Charles Schwab CEO, and Bet on Housing? 3/14/23
The Exchange
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CNBC's Last Call Podcast - The Stories Behind the Numbers
The amount of QT that's been done is slightly under $650 billion. I don't know how they can signal seriousness about bringing down their balance sheet, trolling inflation. If we fill the entire hole that we have because of capital losses, they're going to take their balance sheet back up to its old record highs. This certainly is the kind of financial crisis everyone should have expected.
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