Keeping The Bubble-Boom GoingGuest Post
Keeping The Bubble-Boom Going by Thorsten Polleit, Mises Institute
The US Federal Reserve is playing with the idea of raising interest rates, possibly as early as September this year. After a six-year period of virtually zero interest rates, a ramping up of borrowing costs will certainly have tremendous consequences. It will be like taking away the punch bowl on which all the party fun rests.
Low Central Bank Rates have been Fueling Asset Price Inflation
The current situation has, of course, a . . .
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