The point about the 1991 comment is that this looks like it was a dress rehearsal for today. And that money will not have acceleration if debt is not taken up. The car comes to a halt.
If the Fed takes interest rates to zero, there is no guarantee that people/companies will continue their debt habits. Maybe a carry trade?
Max
The point about the 1991 comment is that this looks like it was...
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)