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585: From Ops to Dev and Back Again

849.702 - 872.253 Chris

And the issue is beyond the fact that you have just absolute shenanigans like people spending $200,000 on monkey JPEGs when you have 0% interest rates. But that gives the Fed no tools to adjust if the market has an emergency. So if the Fed lowers interest rates a few basis points, the market's going to respond positively. But they still have room to lower.

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