3 ms·
The Fed is talking about lowering rates, because everybody is thirsty for the punch bowl. They want to be responsible, but it's sooo tempting. Personally I bel
by jfengel 3y ago
The Fed is talking about lowering rates, because everybody is thirsty for the punch bowl. They want to be responsible, but it's sooo tempting.
Personally I believe they kept rates far too low for far too long last time, deceived by the way the free money inflated assets rather than consumer prices, and that's a big part of what caused the recent inflation spike.