The Fed’s Half-Hearted Attempt at Monetary Tightening
The Fed will do whatever is needed to prevent the debt pyramid from collapsing. That includes keeping interest rates at extraordinarily low levels.
The Fed will do whatever is needed to prevent the debt pyramid from collapsing. That includes keeping interest rates at extraordinarily low levels.
Central bankers position themselves as heroically saving the global economy, while blind to the fact they are the real problem.