The Fed Changed The Rules To Ensure Easing Forever
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When you don't succeed, it is easiest to change the rules. This is what the Fed did in regards to the metrics they are using to determine when to start tightening.
In this video I discuss how the shift from the U3 to U6 is a big deal which assures they will not hit the 5% level to stop easing. This is going to continue the money printing for the foreseeable future.
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