Not sure how bad it gets but definitely some cracks starting to
show. The world has been on the drug of artificially low
interest rates for a decade or more which has distorted any
semblence of a normally functioning market, and things will need to
eventually correct back to normal function IN SPITE of all the
government manipulation.
"The Fed shouldn't be determining interest rates. They should be
following the markets, not leading the markets," Laffer said. "And
this is what got us into all the problems we're in today"
Not sure how bad it
Posted by blayden on 23rd of Mar 2023 at 09:34 am
Not sure how bad it gets but definitely some cracks starting to show. The world has been on the drug of artificially low interest rates for a decade or more which has distorted any semblence of a normally functioning market, and things will need to eventually correct back to normal function IN SPITE of all the government manipulation.
https://finance.yahoo.com/news/fed-rate-hikes-trigger-downturn-140925202.html
"The Fed shouldn't be determining interest rates. They should be following the markets, not leading the markets," Laffer said. "And this is what got us into all the problems we're in today"
finance.yahoo.com