It’s (Still) The Liquidity, Stupid

What's the difference between explaining something and explaining something away? Not much, in my e

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2 thoughts on “It’s (Still) The Liquidity, Stupid

  1. Doesn’t draining the TGA also support liquidity? I guess it has been lost in the crazy welter, but Treasury is undertaking “special measures” and I think that means TGA drain.

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