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by panphora
1182 days ago
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When you noodle around in the market "to do what's right", you end up creating a new set of problems down the road when the expectation of getting bailed out becomes part of the market's future calculations. See: FED keeping rates low for over a decade leading to complacency at banks who assume if things get really bad, FED will pivot rate hikes and they'll get bailed out again. |
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