Read on Twitter
1/4
Worrying article. Among other things it cites a CIO saying: “The Fed has created an expectation of a bailout,” adding that it, “almost doesn't matter” what other indicators of debt or leverage show. The Fed must keep interest rates low to prevent... https://www.ft.com/content/7fa7e230-5a8f-4a65-b8b7-ecd603a2a3d1
Worrying article. Among other things it cites a CIO saying: “The Fed has created an expectation of a bailout,” adding that it, “almost doesn't matter” what other indicators of debt or leverage show. The Fed must keep interest rates low to prevent... https://www.ft.com/content/7fa7e230-5a8f-4a65-b8b7-ecd603a2a3d1
2/4
a surge in financial distress, in other words, but keeping interest rates low will only encourage asset price bubbles and a further debt buildup.
We worry a great deal about how moral hazard has completely distorted credit markets in China, but much the same thing has...
a surge in financial distress, in other words, but keeping interest rates low will only encourage asset price bubbles and a further debt buildup.
We worry a great deal about how moral hazard has completely distorted credit markets in China, but much the same thing has...
3/4
been happening in the US and Europe, if not to quite the same extent. This strikes me as a very strong argument as to why the US should shift from a monetary response to weak demand growth to a fiscal response. The former is likely to continue worsening the country’s...
been happening in the US and Europe, if not to quite the same extent. This strikes me as a very strong argument as to why the US should shift from a monetary response to weak demand growth to a fiscal response. The former is likely to continue worsening the country’s...
4/4
debt burden while the latter can improve it.
debt burden while the latter can improve it.
