The Fed’s Vicious Cycle by James Rickards

in #banks5 years ago

The Fed’s Vicious Cycle.JPG

We all know the outlines of how the Fed and other central #banks responded to the financial crisis in 2008. First the #Fed cut interest rates to zero and held them there for seven years. This extravaganza of zero rates, quantitative easing (QE) and #money printing worked to ease the panic and prop up the financial system. Now as we get closer to the next #recession what's next?

Find out more in this RTD News update here: https://www.rethinkingthedollar.com/the-feds-vicious-cycle/

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