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Isn't it 'technically' in the economy's best interest, in the long run, to expose the malinvestment in the private sector? The longer it continues, the more pai
by intopieces 11y ago
Isn't it 'technically' in the economy's best interest, in the long run, to expose the malinvestment in the private sector? The longer it continues, the more painful it's going to be when we rip off the band-aid that is historically low interest rates.
Didn't we just read about China's stock exchange practically collapsing due to easy money being pumped into poorly vetted investments? True, the regulations are much different, but the lesson at the heart of it appears to be the same: the party can't go on forever.