05-01-2023, 12:50 PM
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Rational Anarchist
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Join Date: Jul 2014
Location: DFW
Posts: 7,315
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Quote:
Originally Posted by Dondilion
Quantitative Easing was employed for too long. The near-zero interest rate regime created a business matrix of easy money, overvalued enterprises, and a class of very government-dependent hustlers. Overtime distortions grew
the system is unwinding itself organically despite the late efforts of the Fed.
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Nice point.
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"We have met the enemy and he is us."
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