@DanielaGabor @NathanTankus @DavidBeckworth Thanks. This helps to clarify the basis of our disagreement. Dont you think the Fed's rate hikes,

@DanielaGabor @NathanTankus @DavidBeckworth Thanks. This helps to clarify the basis of our disagreement. Dont you think the Fed's rate hikes, in the face of huge losses, is a change in the macrofinancial status quo? Wasnt Fed Put/assumption of financial dominance a key element of that status quo?

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