Rate Hikes, Recessions, and the Death of Spiritual Boomerism lewrockwell.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lewrockwell.com Daily Mail and Mail on Sunday newspapers.
2008 is this fed put. that as soon as things get ugly and nasty and the market is down 19%, the fed will step in and save the day. i don t think it will happen this time. martha: yep. it s interesting, steve. you hear about the lay-offs happening in technology companies at the washington post they re talking about lay-offs, media companies, wall street as well. this is part of the pain that we sort of expect to see unfortunately with in rising inflationary environment, right? so you re saying no more fed rate hikes. stop it. let the market take care of itself. martha: that s right. let the market set the interest rates like the mark set the rents and things like that when this politicians intervene, even if they have the cloak of the federal reserve, they re going to make most of the time the wrong decisions. what you re seeing now with lay-offing at goldman is when you suppress interest rates, when you start the credit
The Real Goal of Fed Policy: Breaking Inflation, the Middle Class or the Bubble Economy? counterpunch.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from counterpunch.org Daily Mail and Mail on Sunday newspapers.