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If anything, this is an angle at manipulating the Fed into keeping rates low > If the facts change — with, say, the Federal Reserve delaying anticipated intere
by darkerside 8y ago
If anything, this is an angle at manipulating the Fed into keeping rates low
> If the facts change — with, say, the Federal Reserve delaying anticipated interest-rate hikes in response to a weaker economy — the recession forecast will change, too, Mr. Davis said.
- spectrum1234 8y agoAnd this should highlight the absurdity of interest rates even being "set" in the first place.
- amanaplanacanal 8y agoThat's just the way the Federal Reserve works. As long as they are around, they will loan money at interest rates that they set. Potentially they could get out of the money business and we could go back to using precious metals for money, but I don't know how you get there from here.