The market watches the Fed like a hawk. To many, there are ties between the economy, interest rates, and the Fed's balance sheet.
One writer feels this is overblown. In a publish article, he discounts the idea that there is this tie.
This view is discounted. There is a total link between them all according to this rebuttal. History shows this path is more accurate.
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Austrian economics would certainly tell you this link exists, and that it was a damaging link at that.
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