Some Unpleasant Monetarist Arithmetic (guest: Jim Leitner)
The Market Huddle
00:00
Is the Balance Sheet on Auto Pilot?
I was surprised that they have put it on auto pilot and not used it as a policy tool. It didn't make any sense to me that they continued to expand the balance sheet, righto? They're a little bit nervous about a understanding what it can do. I'm not exactly sure how it works, but clearly one must be driving the the balancy must have some kind of influence on driving the stock market higher.
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Transcript
