In MAR 2010, Ben Bernanke said the Fed would get its balance sheet back under $1-trillion. Jim Bullard said the Fed's post-08 policies were temporary. Janet Yellen said the Fed reducing its balance sheet would be like watching pain dry. This will prove no different. pic.twitter.com/jGuxa9oEcT
— Peter Schmidt (The 92ers) (@The92ers) May 18, 2020
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