@LukeGromen @SehrLangsam2 @RaisingTheBAR47 @The92ers @Stimpyz1 @DiMartinoBooth @rubecube12 @acosgrove003 @MarketInterest @Alex__Salomon @HammerstoneMar3 @jam_croissant @DIGITIMES @tr8derz @HayekAndKeynes @kevinmuir @Barton_options Without significant growth surprises, it will be hard to move excess demand for safe asset treasuries (from pensions in particular) and from excess liquidity in financial system. Or we could get big growth in:
* sticky jobs
* sticky fiscal
* sticky rate hikes
* sticky inflation
But not until after Congress and Fed officials have positioned their bets in the stock market.
The cost of the Build Back Better Agenda — in terms of adding to the deficit — is zero.
It’s paid for because big corporations and the very wealthy will start paying their fair share.
@SamanthaLaDuc “Build Back Better” would poetically apply to the Federal Reserve as well. 🥸
