From the YouTube link:
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Michael Howell, Founder & Managing Director of GL Indexes, and author of "Capital Wars" the book and substack, explains how shifting global liquidity is steering the dollar, gold, Bitcoin, oil, and the broader markets as a new Federal Reserve chair settles into the job.
My term for liquidity is capital flow and gives a better visualization then liquidity. Imagine fluid through a pipe as debt (liquidity) through the markets. That it can be modeled and thought of as such is a great philosophical exercise.