The Curse of Lower Interest Rates
A legitimate concern is that governments will go back to money printing as a way to fund their deficits. Central bank rate cuts encourage this.
A legitimate concern is that governments will go back to money printing as a way to fund their deficits. Central bank rate cuts encourage this.
I urge Trump to respect the independence of the Federal Reserve. If he does not, as my numbers show, it would mean suicide for the American economy.
All we need is for our governments to make one error, and the inflation powder keg explodes.
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