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It's already happening: http://www.bloomberg.com/news/2013-09-17/less-tapering-becomes-tightening-credit-no-matter-what-fed-says.html http://www.bloomberg.com/n
by wonnage 13y ago
It's already happening: http://www.bloomberg.com/news/2013-09-17/less-tapering-becomes-tightening-credit-no-matter-what-fed-says.html http://www.bloomberg.com/news/2013-09-17/less-tapering-becom...
Considering that for a period of time it was practically free to borrow money (interest rate < inflation), I don't think it's that unreasonable to describe that as "unsustainable".