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Re: Andy Grave post# 142154

Friday, 09/04/2015 10:39:36 AM

Friday, September 04, 2015 10:39:36 AM

Post# of 151692
Interesting read. ZIRP is a monster that punishes virtuous economic
behaviour and rewards dangerous and unproductive behaviour. The
global economy is lethargic and clapped out despite mountains of
monetary stimulus and many individuals, companies, and governments
are running up debts that will become unsustainable when interest
rates eventually rise up off the floor. I don't see a happy outcome,
just unevenly and unfairly distributed pain coming down the road.
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