Will the Crazy Global Debt Bubble Ever End?
If the debt burden is large enough, at some point, even a 0.1% interest rate becomes unaffordable.
If the debt burden is large enough, at some point, even a 0.1% interest rate becomes unaffordable.
If a person makes a lot of money through "luck" perhaps the most philosophically rigorous answer is simply this: "so what?"
Tim Duy pretends that rising interest rates is an example of an excessive Fed, but overlooks the true monetary excesses of monetary expansion.