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A society becomes totalitarian when its structure becomes flagrantly artificial: that is, when its ruling class has lost its function but succeeds in clinging to power by force or fraud

Eric Arthur Blair (1903 – 1950), better known by his pen name George Orwell, was an English novelist, essayist, journalist, and critic.

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Interest rates

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2 years 5 months ago #1 by Editor
Interest rates was created by Editor
Interest rates rise will not be slow

This interview with FXStreet is from 2015. Some are surprised at the consecutive rate hikes, but our models have been indicating for a very long time that rates would rise rapidly. There would be no soft landing. Central banks maintained artificially low rates for far too long and were backed into a corner. They created a problem long ago, and it will cause pain for “some time,” as Powell usually states, for the situation to be under control.

www.armstrongeconomics.com/world-news/interest-rates-world-news/interest-rates-rise-will-not-be-slow

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