You are hereBen Bernanke is RAISING interest rates
Ben Bernanke is RAISING interest rates
By trying to artificially lower them.
In my economic commentaries, I have repeatedly made the point that the Fed, by trying to hold interest rates artificially low with inflation, will actually cause interest rates to go much higher than where they would have been absent central bank manipulation in the first place.
I redacted my most recent commentary by prefacing it with an open letter to Federal Reserve Chairman Ben Bernanke. I encourage people to read it, and remember what candidate for Congress warned you about this as this unfolds.
Tags