Interest Rate Manipulation and Loose Money Promote Economic Collapse »
Posted By populist 7 months, 2 weeks ago in Business & Finance
Few people would compare downward central bank interest rate manipulation and loose money policies to Soviet style command economics. But I do. And I suggest that if these policies continue for much longer, it could lead to an economic collapse, something approaching that of the Soviet Union's in the late 1980s. Consider the outcomes for the United States of excessively low interest rates and loose monetary policies in recent years fostered by the U.S. Federal Reserve:
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populist
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