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Inflating the denominator would put downward pressure on this ratio.

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@CathieDWood Yes, and everyone's conveniently forgetting that M2 has been artificially inflated to levels never seen before. Comparing percentages to a manipulated denominator is, charitably, misleading. The real question is, where ELSE is the money going to go? Back to bonds? LOL.

eveyino ↗
Library as of 2026-10-22