Why The Free Money Bubble Is About To Burst

But he added that “we have been monitoring it carefully and taken appropriate steps.” By taking appropriate steps to reduce debt levels Powell must mean slashing interest rates and going back into QE. The problem with that strategy being that is exactly what caused the debt binge and overleveraged condition of corporations in the first place.

 

 

 

 

 

 

https://safehaven.com/markets/economy/The-Free-Money-Bubble-Is-About-To-Burst.html

 

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