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Milford, IL | Fed has roughly 7.4T asset portfolio.
Pre '08 was roughly 0.8T asset portfoio, extrapolating growth at 3% annual, a 'normal' Fed holding should be about 1.4T in 2024.
Rapidly unwinding that would be a dumpster fire like nobody has ever seen. Welfare whales eating each other. #1 order of business is tell the federal government to stop spending so much frigging money.
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Say goodbye
