No more money printing, they demand.
The Keynesians are in an uproar, something about protocol. So far all we know is that Ben is going to flatten the yield curve, borrow short and lend long, to Congress. Bondholders are not willing to loan long term money to Congress with CPIAUSL running at 3.77%. So the agreement has been made, investors will hedge with gold and Ben can print away.
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