3 ms·
Yes, the problem with this power is the inevitable folly of short term fixes (through interest rates and government stimulus) by mortgaging future value. The pr
by doggosphere 6y ago
Yes, the problem with this power is the inevitable folly of short term fixes (through interest rates and government stimulus) by mortgaging future value. The pressures and short term thinking of believing you can fix your economy catches up to everyone eventually.
We are in an era where saving does not exist, where interest rates are negative.