Nassim Taleb Archive
quick macro update
Deficit, Employment, Fed, Financial Times, GDP, Government Spending, Inflation
Sep 16, 2009
[Skip to the end] Market functioning has finally returned, helped by the Fed slowly getting around to where it should have been even before all this started- lending unsecured to its banks, setting its target rate and letting quantity adjust to demand. It’s not technically lending unsecured, but instead went through a
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