The Great DevaluationWhat seems crazy in normal times becomes necessary in a crisis In 2008, the world economy suffered through the Housing Crisis which wiped out nearly $10 trillion in global asset value. In response, the Federal Reserve created Quantitative Easing, and added $3. 5 trillion to their balance sheet over the next seven years. In March of 2020, we had a crisis and the Federal Reserve added another $3. 5 trillion to their balance sheet, only this time they
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