cyclingscholar

The Olympiad of Central Banks

Whether the Euro zone CUTS rates, or the US belatedly raises them, won't make muhc of a difference. Would be nice to see BOTH. Our rates are TOO low..trying to bail out promiscuous lenders and unqualified borrowers. A surge in the dollar would collapse commodity prices, causing funds to flow into productive investments, and spur on world economic growth.

cyclingscholar