Loading ...Re Fed and Rates
They would love to raise rates, because then they would have an economy that could withstand higher/normal rates….unfortunately they will not be able to until the bust has burnt out and the economy does come back…then they can if they still exist, as the bust is likely to be so bad a new form of economic governance will be demanded…at the point of a gun.
As of now all they have is a mirage propped up by the Rig…so yes they keep on talking about rates going up, but they never will, Debt levels ensure no rates rise……we will see more QE next not higher rates…..