When the economy heats up, the Fed tightens money supplies with higher interest, as a shield against inflation. It’s happened before. I’m surprised it took this long. Been posting about it off and on for a few months.
Even more so...
* Will the "Bernake Twist" be unwound?
* AKA, destroying the normal yield curve so they could spend like their is no tommorrow and stick it Seniors needing yield which forced them to look at Dividend Paying Stocks?
* Remember when the Germans downgraded us and Obama started monetizing our debt aka the Fed buying Treasuries?
Will all this C&it get unwound and undone with our new Fed Chair?
Does anyone guess what a mucking-fess this is that Obama left us?