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> Lately I have been feeling like the economy just broke on a fundamental level over the past year. We are reaping the success of monetary policy pushed to the
by monkeydreams 5y ago
> Lately I have been feeling like the economy just broke on a fundamental level over the past year.
We are reaping the success of monetary policy pushed to the point of absurdity. Interest rates have been pushed too low for too long - far beyond the point at which they have any real effect beyond flooding the world with more money.