Who says the Fed can’t have fun at our expense?
Wolf Richter with hosts Max Keiser and Stacy Herbert.
The foundations have crumbled. All bets are off.
No one knows how to back out without blowing up the whole system.
Negative interest rate policies elsewhere hit US Treasury yields.
“Europe is caught in a trap.”
Negative-Interest-Rate absurdity is another “rabbit out of the hat.”
NIRP Absurdity Soars to New Heights.
Among the goodies, “reverse Yankee” landmines.
“A hostile landscape.”