Powell admits the Fed is just making it up as they go, w/ many banks now dependent on emergency lending; they've created a hydra and don't know how to kill it; recommend this short but great article from
Fxhedgers</a> that explains it in layman's terms:<br>Link: <a href="https://t.co/rLAL6BCVFm">https://t.co/rLAL6BCVFm</a> <a href="https://t.co/t6ak7NSGYi">pic.twitter.com/t6ak7NSGYi</a></p>— E.J. Antoni, Ph.D. (RealEJAntoni) November 25, 2023
Powell admits the Fed is just making it up as they go, w/ many banks now dependent on emergency lending
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