The Fed Had a Choice… and It Is Choosing Weimar-Lite. What’s Next?
"...the Fed officially crossed the Rubicon over the weekend."
24 March 2020 - 04:48
"...the Fed officially crossed the Rubicon over the weekend."
"The Coronavirus panic has therefore been a convenient excuse to extend the stimulus and liquidity provision by slashing rates towards zero."
If these lending markets “freeze” like they did in 2008, it could create a retirement nightmare for anyone who isn’t prepared for the bumpy ride.