5 ms·
There was a post by an economist that low rates is a tool in the hand of politicians and once the get a taste of it, they never let it go. At least I see this
by pranay01 6y ago
There was a post by an economist that low rates is a tool in the hand of politicians and once the get a taste of it, they never let it go.
At least I see this happening in India. Central bank is influenced by govts to keep rates low.
Don't know well about how US Feds and govt are incentivised