.@pmarca Here is the more interesting question: if we get a 30%+ drop, what will the Fed pull out of the toolbox?
@dharmeshkakadia @sama @pmarca under their watch business lending has declined a huge amount. It's gone into fixed assets, land, mortgages
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@DanielleFong@sama@pmarca like any other business, trying to create monopoly.Thanks. Twitter will use this to make your timeline better. UndoUndo
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