05-01-2023, 06:18 PM
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Senior Member
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Join Date: Aug 2010
Location: Metro Detroit
Posts: 13,016
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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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All very true.
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