Williams Says Fed's Era of Market Hand-Holding Is Nearing an End
And Williams is required to lie about the issue.
The required fraud in central banking is not needed in sandbox, we automate the seigniorage stream, make the central bank pit subsidize government as implied by the imbalance contract. If you want cheap government rates then you have to suffer occasional Congressional theft. In sandbox, faking it not needed, robots have no bias.
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