The Federal Reserve is in a box, they boxed themselves in because they've kept interest rates so low for so long, they've allowed so much debt to accumulate that now it's impossible to allow interest rates to rise. But they can't admit that so they have to pretend as if everything's gonna be fine, they're gonna be able to normalize interest rates, they're gonna be able to shrink their balance sheet. None of this is possible and it's only a question of time before traders and investors figure it out.
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