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The function of a society is not to allow one group to oppress another. That is tyranny.

Martin Armstrong (1949-) Data journalist and former hedge fund manager

Terrazas del Rodeo

Interest rates

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1 year 3 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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