'Striking the right balance is not always easy though. In 2008 the Fed was preoccupied with inflation, while subprime mortgage products built up excessive leverage in bank balance sheets, provoking systemic problems in markets that lead to the worst global recession since the 1930s.'
https://www.reuters.com/article/us-usa-stocks-weekahead/markets-fret-over-federal-reserves-approach-under-new-chair-powell-idUSKCN1G729Z
'The pilot was pre-occupied with making coffee when the plane ploughed into a mountain, killing all aboard.'
Debt has to be repaid -- or maybe not.
QE was going to be a brief and unsavoury experience in just one country, but it has gone on and on in countries all over the world.
Really high levels of debt must be avoided -- except if everyone has them, then . . . everyone has them but you just don't talk about it!
After QE must come rises in interest rates -- or not . . . let's wait and see.
These guys have no idea what they're doing. So, 2018 -- with a new apparatchik at the helm of the US Fed Reserve -- will be sooooo interesting to watch. Articles suggest four or even five interest-rate rises.
Really?
https://www.reuters.com/article/us-usa-stocks-weekahead/markets-fret-over-federal-reserves-approach-under-new-chair-powell-idUSKCN1G729Z
'The pilot was pre-occupied with making coffee when the plane ploughed into a mountain, killing all aboard.'
Debt has to be repaid -- or maybe not.
QE was going to be a brief and unsavoury experience in just one country, but it has gone on and on in countries all over the world.
Really high levels of debt must be avoided -- except if everyone has them, then . . . everyone has them but you just don't talk about it!
After QE must come rises in interest rates -- or not . . . let's wait and see.
These guys have no idea what they're doing. So, 2018 -- with a new apparatchik at the helm of the US Fed Reserve -- will be sooooo interesting to watch. Articles suggest four or even five interest-rate rises.
Really?