The Damage Will Be Incalculable…

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  1. (0) 0
    dc100 says:

    This is very insightful. But please tell me why the Federal Reserve would continue with higher rates for longer and an inverted yield curve for 600+ days and know the eventual outcome of a massive downturn in the economy? Can you get the Federal Reserve to buy your service to avoid such catastrophic events?

    1. (1) 1
      Aleksey S says:

      They have no choice – lower the rates and inflation will spiral out of control. So they will keep them high until economics will start to crush down to flip. Once flipped they will be late to stop stimulating – because this is politically unpopular. So the problem is not in current restriction, its in the times before when stimulation been applied too long too generous.