Once in a while, someone is just telling it like it is...this video is one of those moments
0% interest rates is madness even if you think it's boring...
I know that most people have their eyes glaze whenever they hear the word "interest rates" and it's a shame in my opinion. If there is one thing that is most important than anything to understand when it comes to economics...that is it in my opinion. When the cost of capital is 0%, how does one make good judgement on where is the best use of capital?
The chickens will come home to roost . We cannot run an economy on tweets and sms alone.