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What happens when interest rates go up? That's right, interest rates cannot go up, or else these people will be screwed. The same for stock market. Ok, so we
by raducu 5y ago
What happens when interest rates go up?
That's right, interest rates cannot go up, or else these people will be screwed.
The same for stock market.
Ok, so we bail out these people/investors at the cost of catastrophic failure in the future.
Because money/markets are irrelevant, all that matters is access to cheap money and access to central bank bailouts.