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Once upon a time, way back in February 2021, our “non-partisan” Congress authorized the use of the FED’s experimental drug “printing tons of money.” The #FED began injecting its version of the Covid-19 vaccine posthaste. The purpose of the FED’s potent elixir was to rehabilitate the world’s leading #economy (not FDA approved). 

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The Fed’s initial inoculation commenced henceforth, amounting to $1.1 trillion in purchases of treasuries and mortgage-backed securities. Open market buying averaged $191 billion over the next 25 months. The Fed bought $4.8 trillion worth of the stuff, in turn swelling its balance sheet to a “dressed to the nines” trillion.

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The dosages of the Fed’s medicine went down like spoonfuls of sugar with Washington, Wall Street, and Main Streets singing, “Merrily, merrily, merrily, life is but a dream.” 

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Well, everyone knows that one slice of cake is delightful on special occasions.  The problem arises when one opts for the second, third, and fourth slice. When a child delves in they get a sugar jolt. When children overindulge their tummy aches. If they eat sweets too often their teeth can get cavities. If candy and cookies are daily staples – disease can and may ensue. 


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