QE’s Roach Motel
22:15–22:34 · 19s
Lavorgna quips that the Fed’s balance sheet is like a Roach Motel—‘you can check in, but you can never leave’—illustrating why unwinding QE is nearly impossible.
22:15–22:34 · 19s
Lavorgna quips that the Fed’s balance sheet is like a Roach Motel—‘you can check in, but you can never leave’—illustrating why unwinding QE is nearly impossible.
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