Share on Facebook
Tweet on Twitter
mises.org / Hunter Lewis / Feb 06, 2017
CNBC claims that the Fed has been “crying wolf” and will back off raising interest rates even a tiny bit more. There are reasons why they might want to back off. China is selling US securities, other central banks are selling, and the Fed might be afraid to sell any of their holdings, which would have to accompany a rate increase. It was fear of a collapse in the federal bond market in the first place that brought us all the frantic QE bond buying with newly created money.
Read more ... source: The Bitcoin Channel
Let's block ads! (Why?)
Powered by Bitcoin Central