Central Banks – Stocks or Flows

Had to put my systems thinking hat on to read this https://seekingalpha.com/article/4112906-flow-show-single-important-issue-volatility 

Author has it right imho … the flows matter more and from one perspective, some very strong flows are going to be removed, shut down … but the US Fed has only talked about how the stocks will be reduced and alarmingly nothing about the impact of the flows stopping

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