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The Honest Money Act


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This is a system bloated and overfed with credit. The bond market just put a hole in it that could leak for quite awhile. The leveraged community, which nowadays includes just about everybody, will have to deal with an increase in real rates just when they can least afford it.

Ben and Al did not understand what they were dealing with. The bond market is the Incredible Hulk of the financial markets. It's something those two should have known not to get angry.

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