Tag Archives: Distorted

QOTD: Druck On Distorted Interest Rates

…today we have settled to allowing the most important price of all, long-term interest rates, to be regularly distorted by public intervention. …If I were trying to create a deflationary bust, I would do exact exactly what the world’s central … Continue reading

Posted in Bonds, Budget Deficit, Economics, Interest Rates, Quote of the Day, Uncategorized | Tagged , , , | Leave a comment