It just gets curiouser and curiouser.
Will Powell act? He is definitely no Volker! About 1982, under Volker, 30 year rates hit 18%. What next: a long period of low rates with catastrophic inflation or ...
door #2 - Higher rates and a stagnant or falling market.
I may be wrong, but I suspect the FED doesn't want to hurt THE MONEYED CLASS unless they have to.
Will Powell act? He is definitely no Volker! About 1982, under Volker, 30 year rates hit 18%. What next: a long period of low rates with catastrophic inflation or ...
door #2 - Higher rates and a stagnant or falling market.
I may be wrong, but I suspect the FED doesn't want to hurt THE MONEYED CLASS unless they have to.
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