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Message: Taper / No Taper

Excellent post and solid reasoning and whether it is called taper or something else bond purchases and derivitives continue to factor into a monthly basis that still exists today. The question I ask is if the recapitalization of the worthles sludge of the mortgage backed securities has been satisfied at 1.2 trillion, why hasn't the "taper" backed down to 45 billion monthly?

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