The Fed Cut the Interest Rate to Bail Out the Treasury
By Daniel Lacalle
"Lowering rates is a tool to rescue the government. If you make it easy for governments to borrow, they will gladly do it and continue printing currency."
originally posted at
The Fed Cut the Interest Rate to Bail Out the Treasury
By Daniel Lacalle
"Lowering rates is a tool to rescue the government. If you make it easy for governments to borrow, they will gladly do it and continue printing currency."
originally posted at