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Aaron Ferguson's avatar

“Failing to identify a serious hazard in the Treasury market before it’s too late will cause a further tumble in the public’s already fragile confidence in policymakers and institutions”.

Yep. I can summarize this article in two words ‘money laundering’. And those of us putting in the sweat to pay both the visible and hidden taxes are DONE with it. Just my uneducated opinion

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Mark Carnegie's avatar

Does this cross refer to what the BIS just raised as a big concern for them? There feels like a disconnect between your, ‘the fed has more tools than you can imagine’ POV and this nightmare when combined with the off financial statements trillions the BIS talked about. Genuinely asking and not looking to point score

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