Central Bankers Fear Long Term Price of Short Term Fix
show comments
  • Otiose8

    The die is cast is right. You don’t have to read too deeply into Mises/Hayek to realize that these persistently low interest rates, if they’re right, are a major disaster unfolding in slow motion.

    Even if the central bankers got religion today and they and governments were to back off and let markets sort matters out, we still are going to be feeling the effects for years.

  • Stacy

    Word was leaked over the weekend that another round of QE was in the works by the Fed. Low-and-behold, the DOW is up over 160 pts today. Small problem: gold, silver, and oil are also up. It’s a currency war and,”speculators” and Iran will be blamed, but when gas reaches $5 a gallon, send a thank you note to Ben.

    They’re going to ruin us with their hubris.

  • Kris

    “as Julius Caesar would say, the die is cast”

    Perhaps more apposite would be “Ave, Caesar, morituri te salutant”.

  • Gary

    Red pill or blue pill…it doesn’t matter, we are all living in the Matrix now…a fantasy world where the money people value has no value.

  • Jim.

    A 2% 10-year Treasury is the Fed’s equivalent of an Adjustable Rate Mortgage.

© The American Interest LLC 2005-2017 About Us Masthead Submissions Advertise Customer Service
We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.