The Pomp Letter
The Pomp Letter
Is The Fed Hurting The Economy Long Term?
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Is The Fed Hurting The Economy Long Term?

To investors,

The coronavirus led to a potentially catastrophic economic shock. Entire industries saw 95%+ drops in revenue. Tens of millions of people lost their jobs. GDP fell off a cliff in a matter of weeks and the conversation around a repeat of the Great Depression was getting louder and louder.

This dire situation led the Federal Reserve to take u…

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