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did they do with it? they didn t let it out. and they certainly never, nevery lent it out to regular folks.. y no. regular folks got this mont ? none. okay, so they decided to invest looking it and they wanted to get yield there. he was looking for yield theseta days. and so here s the thing. o sa and everyone s got to listengoig to this from president biden comes out today and he startse u to say, well, i m going to ,anks you know, demonize the banks. i m going to make sure that welh these banks don t do anything reckless. what they bought bonds bond with us ,bonds with it. there s no other investment in the world they call a risk free. the problem, though, of coursefa because the federal reserve has had to come in and aggressively attack inflation, which, by the way, went over the top with that biden two trillionds h dollars. they ve jay powell hands haveben been tied to a degreeion. last r and they ve tried to battle inflation. and consequently, last year, bonds had their worst year
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