Politics
The USA is living in the past and still thinks it can abuse its potential allies, and still expect those countries to line up...
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Policy-made rates reshape everything: mortgages, bonds, stocks, and commodities.
The USA is living in the past and still thinks it can abuse its potential allies, and still expect those countries to line up...
No matter how “inelastic” the demand, excessively high prices cannot persist indefinitely without human action.
Miran wants to fire up the Fed money printers. He absurdly believes Fed policy is ” well into restrictive territory.”