Moreover, as I have been saying, I still cannot imagine a scenario where the Federal Reserve will be able to even begin normalizing the balance sheet.
I am not so sure as you are. I think they will do it anyway.
Moreover, as I have been saying, I still cannot imagine a scenario where the Federal Reserve will be able to even begin normalizing the balance sheet.
I am not so sure as you are. I think they will do it anyway.
You may be right.