4 ms·
That sounds like a black swan. Rates that are historically unprecedented will soon become the norm. I can't say if you're wrong or not, but I don't think I'd ga
by bink 4y ago
That sounds like a black swan. Rates that are historically unprecedented will soon become the norm. I can't say if you're wrong or not, but I don't think I'd gamble on it.
- jarsin 4y agoJeremy Siegel who has proven to call monetary policy correct and proved the fed wrong many times is calling what the fed is doing the 2nd worse mistake since great depression. If you think these morons can't cause a bust much worse than 2008 then pray to god Siegel is wrong for once. https://youtu.be/vNGdI4i9xok?t=581 https://youtu.be/vNGdI4i9xok?t=581
- lotsofpulp 4y agoHow are they unprecedented? https://fred.stlouisfed.org/series/fedfunds https://fred.stlouisfed.org/series/fedfunds The latter half of the 90s was >5%.
- Izkata 4y agoLow, not high. They're talking about 0 and <0.