Originally, I was just a lousy crypto trader, but somehow I passively learned a lot of very high-level elite vocabulary, such as: hawkish rate hike, hawkish rate cut, dovish rate hike, dovish rate cut, wait-and-see rate cut, wait-and-see rate hike, quantitative easing, quantitative tightening, liquidity trap, balance sheet, open market operations, reserve management purchases, standing repo facility, overnight reverse repo, term repo, federal funds rate, dot plot, terminal rate, real interest rate, yield curve, inversion, excess reserves, financing pressure, tightening, easing, financial conditions, M2/M3 broad money supply, risk-free yield, bond return rate, US Treasury issuing agencies, term premium, safe-haven flows, duration risk, labor market, economic slack, soft landing, hard landing, mild soft landing, recession, reserve requirements, bank reserves, stress test, credit spread, CPI consumer price index, PCE personal consumption expenditure, core inflation, inflation expectations, inflation cooling, deflation, data-driven rate cut, data-driven rate hike, Japanese low-interest asset arbitrage.