I do not know how Mr Steve Keen can make this type of statemnet when all govenments are puting billions of dollars into the system this is going to have a very bad effect on inflation going throw the roof .
Also the banks are still not lending overseas as they do not know who is the next to fall over be it company or country.
So interest rates ARE going up weather anyone likes that or not the market will be the driving force as all governements follow behind the market.
Regards Dennis
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