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bullshitting

Central banks have been bullshitting everyone with their grand monetary tightening narrative.

May 17, 2023 3:15 pm

Indeed global central bank balance sheets have been expanding since October similar to the flip we saw in 2019. The result then: Equities rallied hard. The result now: The same. The world is not flat. It's global liquidity stupid. pic.twitter.com/p3vV8Shpbd …

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