legbreaker t1_jdy8yx2 wrote
Reply to comment by moonguh in Dalio talks again about the Silicon Valley banking crisis: the world is leveraged to invest and everyone loses money by Evreya
It is if you count in the Fed assets.
But when the Fed starts reducing money supply it can feel like everyone in the market is losing.
During QT the Fed is basically removing money and reducing the circulating supply.
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