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Not only that, but the US, Europe and Japan printed a lot of money that is floating in the system (quantitative easing). If interest rates rise, it will mop up
by testrun 11y ago
Not only that, but the US, Europe and Japan printed a lot of money that is floating in the system (quantitative easing). If interest rates rise, it will mop up a lot of that.
- toomuchtodo 11y agoStrangely enough, even with trillions of dollars in QE in both the US and Europe, GDP is stagnant (or retreating) and the EU still has negative interest rates. Welcome to the new normal.