Apr 3, 2019

The Real Reason Why The Fed Cannot Raise Rates

The truth is they can't raise interest rates because we have too much debt we can't afford right a normal rate of interest. Because we have an abnormal amount of debt they can't shrink the balance sheet, the deficits are too high and if they did shrink the balance sheet it would put too much upward pressure on long-term interest and it would collapse the bubble.

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