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Quoting from fake outlet, The Washington post…
“Powell did not specify the size of the new asset purchase program. But he said it would not be a rehashing of what the Fed opted for after the recession a decade ago. Still, the Fed has shown that it will adjust its programs based on how the economy performs”
“I want to emphasize that growth of our balance sheet for reserve management purposes should in no way be confused with the large-scale asset purchase programs that we deployed after the financial crisis”.
Watch as Not Tim Picciott CFP(R) CRPC(R) breaks down the latest nonsense from the Federal Reserve.
Please also check out Josh’s latest video on Karahan Tepe: https://www.youtube.com/watch?v=nJy7yGgPjJ0
And also “Tim Picciott was right” https://www.youtube.com/watch?v=h9UOeAtkzAs
For a free copy of Tim’s book: Text informed to 71441.
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Video edited by Josh Sigurdson
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