Liquidity

(with apologies to Shakespeare)

 

Tell me, where’s Liquidity bred,

In the world or in your head?

How begot, how nourish’ed?

      It’s in your mind and eye.

 

But when the FED so great and fair

Starts printing by the trillions there,

You know Big Brother’s taking care

      And you go out and buy!

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Variation on Pope

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Since 2008, Monetary Policy Has Cost American Savers about $4 Trillion