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2024-05-08 22:05:35

LynAlden on Nostr: Back in 2011, Fed Chair Bernanke told Congress that the Fed's balance sheet would ...

Back in 2011, Fed Chair Bernanke told Congress that the Fed's balance sheet would return to its pre-crisis level.

It never did, and now it's far larger than in 2011, let alone pre-crisis levels. And by around 2025 it'll level out and start to head up again. It's going up forever, Laura.

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