Send the following on WhatsApp
Continue to ChatAnd let the Fed sell bonds to bring bank reserves back down to required reserve levels, so we have restraint on bank lending and bank issuances of liability. - Arthur Laffer from https://whatsmyquote.com/quote/and-let-the-fed-sell-bonds-to-bring-bank-reserves-back-down-to-required-reserve-levels-so-we-have-restraint-on