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To: da_spot who wrote (162348)	10/23/2021 4:18:56 AM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 222067

The FED has been postponing the tapering schedule for all the reasons I just mentioned in that previous post, they also know what I just posted... They know that raising rates too quickly (or at all) would kill the economy which is already on soft ground... The only reason they're raising rates at all is to give banks more overnight money so they can pay their account holders the earned interest on those customer accounts, that's the only reason the FED was conducting their reverse repo policy... Banks have been in serious trouble and Wells Fargo has again committed fraud against the FED by claiming they had more customer accounts than they did, this is the second time, they're already in the penalty box for doing this two years ago and now they've done it again... I'm very surprised no one is in prison for that this time... The FED doesn't call the shots on rates no matter how much they think they do... The FED follows the bond market, they don't lead it... If you want to know what the FED is going to do, then follow the bonds market, that will always tell you what the FED plans to do... GZ