Beautiful Virgin Islands

Friday, Sep 30, 2022

Banking chiefs head for the hills in bid to leave cheap money behind

Banking chiefs head for the hills in bid to leave cheap money behind

At the Jackson Hole bankers’ summit this week, the talk will be of ending quantitative easing – and this time it will be serious
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Oh ya 403 days ago
Smoke and mirrors. The US government can not afford higher interest rates as they are borrowing money now to make ends meet. Half the yearly budget comes from taxes and they have to borrow the rest. If they had to pay real interest rates they would have to borrow more. Nothing is going to happen until the USD collapses which could happen sooner than most think
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