Not exact matches
(From «It Never Rains in California,» 6/15)-- Stan Druckenmiller: «The Fed
keeps talking about deflation, but there is nothing more deflationary than creating a phony
asset bubble, having a bunch of investors plow into it and having it pop....
Continuing Low Rates Risks Bigger
Asset «Bubble» US Federal Reserve Bank of St. Louis President James Bullard, 54 anni, warns that keeping interest rates near Zero risks inflating asset - price bubbles, saying officials should raise borrowing costs this year as the economy impr
Asset «
Bubble» US Federal Reserve Bank of St. Louis President James Bullard, 54 anni, warns that
keeping interest rates near Zero risks inflating
asset - price bubbles, saying officials should raise borrowing costs this year as the economy impr
asset - price
bubbles, saying officials should raise borrowing costs this year as the economy improves.
Add to this an automated regimen of Treasury and MBS «
asset» purchases (despite the «taper» jawboning that periodically hits the media) in an attempt to
keep long term interest rates down and deleverage the previous
bubble, and you have policy working over-time.
Despite critics warning that the Fed's policies to
keep interest rates low would stoke
asset bubbles and inflation, Yellen took a cautious and data - driven approach to withdrawing the stimulus.
Alan Greenspan and the Federal Reserve
kept interest rates too low for too long, stoking an
asset price
bubble and creating a leverage binge of epic proportions.
The global
asset bubble financial economy has made many leveraged bets on expensive
assets under the assumption the global central banks will always
keep rates low and if we have a correction bail investors out.