For more then a decade, I never believed it would be possible for central banks to raise rates due to the Greenspan's put. It could only be temporary, and they will lower rates to hyperinflation and keep it there to always buy yesterday's debt with today's cash.
For more then a decade, I never believed it would be possible for central banks to raise rates due to the Greenspan's put. It could only be temporary, and they will lower rates to hyperinflation and keep it there to always buy yesterday's debt with today's cash.