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In economics, things take longer to happen than you think they will, and then they happen faster than you thought they could.
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Tag Archives: Rent Control
Rent Control Issues Hit 7-year Bond Auction
At least, that is our view. We have worried out loud how global interest rate repression may cause ugly bond auctions. A problem that similarly arises in the rent-controlled housing market. …we are watching the Treasury auctions closely and suspect … Continue reading
“Rent Control” Misnomer
A friend of the Global Macro Monitor corrects us on our post, Fed’s “Rent Control” Policies Starting to Distort, The fact that the fed is fiddling with the yield curve disguises the equilibrium price of LT debt. The way the fed … Continue reading
