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The $30 Trillion Hangover — How 2008 Put Central Banks on the Hook Forever
In 2007, the world's four major central banks — the Fed, ECB, Bank of England, and Bank of Japan — held a combined $3.5 trillion on their balance sheets. By 2022, that figure had reached $30 trillion. This is the story of how an emergency became a permanent condition, what $30 trillion in central ba
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