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Farm Business
Agricultural Matters
Lord King WTAF
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<blockquote data-quote="oil barron" data-source="post: 8149169" data-attributes="member: 1858"><p>They are still printing money, they only raised the nominal rate of interest in March. They have said they will start to run off the balance sheet starting in June. It’s an important differentiation that most of the media misses and is why things will really start to get ugly from June onwards when the main buyer of government bonds starts to become a seller.</p></blockquote><p></p>
[QUOTE="oil barron, post: 8149169, member: 1858"] They are still printing money, they only raised the nominal rate of interest in March. They have said they will start to run off the balance sheet starting in June. It’s an important differentiation that most of the media misses and is why things will really start to get ugly from June onwards when the main buyer of government bonds starts to become a seller. [/QUOTE]
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Lord King WTAF
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