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Please consider what your $400B number would be if the FFR were 5%. Here we are talking about perhaps 3 billion. Thats the point. Fed is trying to hit the brak
by bubbleRefuge 5y ago
Please consider what your $400B number would be if the FFR were 5%. Here we are talking about perhaps 3 billion. Thats the point. Fed is trying to hit the brakes but actually is hitting the accelerator. MMT 101.
- missedthecue 5y agoWe are a long way from 5%. Fed is looking at raising rates a total of 0.75% over the next 12 months.