The Fed’s Vicious Cycle by James Rickards
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/