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RE: There's No Such Thing As A Stable Asset

in #adoption6 years ago

The FED is trying to raise interest rates

I think your verb tense is wrong — tried to rather than is trying. Powell has strongly hinted that they’re going to cut by at least 25 basis points soon. Trump’s been whining about the need for a weak dollar, at the same time that he complains about other countries manipulating their currencies.

But, yeah, I wouldn’t put it past them to try negative interest rates which, if you’d mentioned them a few years ago, people would have assumed you were on LSD.