Jorma Posted December 19, 2019 Report Share Posted December 19, 2019 Let me suggest that the Fed isn't trapped. Instead consider that the Fed has been liberated. Liberated from any stigma attached to monetizing government deficits, or fostering breakneck monetary growth among other things. What was the ultimate central bank vice has now morphed into a universal virtue on the political stage. If the 'markets' will cooperate is another story. If too much debt goes bad in places the Fed can't rescue it and then what is the timeline? A year or ten or fifty? Link to comment Share on other sites More sharing options...
aussiebear Posted December 20, 2019 Author Report Share Posted December 20, 2019 ---> Feeble Friday Link to comment Share on other sites More sharing options...
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