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This is true. The fed telegraphed its move into corporate credit for a long time. Many current and former high ranking fed officials said the market was a probl
by thoughtstheseus 6y ago
This is true. The fed telegraphed its move into corporate credit for a long time. Many current and former high ranking fed officials said the market was a problem long before and no one did anything until there was a problem. The Fed is just good at its job, the byproduct of that is that people keep asking them to do more and more when they should not.