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https://twitter.com/AtifRMian/status/1430295675070205958This is relevant as the Fed decides when to start paring its $120 billion of monthly bond purchases. It's one thing to fight a crisis, it's another to keep pumping huge amounts of cash into markets amid a strong labor-market recovery.
https://twitter.com/pearkes/status/1430133906666397696There is a tradeoff here - it's legitimate to say that it's worth it, but there should be a discussion around how long it's worth it & what the other ramifications could be. This is relevant as people discuss the usefulness of $120 billion of monthly bond purchases at this point