The danger of keeping interest rates so low is that there won’t be any room to drop them in the face of the next recession. We may be eating the seed corn.
The danger of keeping interest rates so low is that there won’t be any room to drop them in the face of the next recession.
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Recessions are caused by the Fed manipulating rates too high, as they are now.
By too high, I mean rates that are higher than what the market would charge.