Ali Wolf: The Economy Can't Withstand The Low Interest Rates
3 years ago
35
Why can't the economy withstand rates as low as they are today? We've had the short-term rates down for a long time.
Ali talks about how the next downturn could be labelled as ""The Fed-Induced Bubble""
Our current economy punishes savers and rewards debtors. The Fed does not control mortgage rates, they influence them...a bit.
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