I can't predict human behavioural responses to stimuli, but I can offer hypotheses on what may occur given a set of potential responses.
I think we are all forgetting the market's ability to adapt to government intervention. The fact that long-term bond rates are already spiking...
The reason why Laffer didn't mention Japan is because its banking situation is different: "The lack of credit expansion, even after expansion...
You're saying inflation averaged 7.5% over the last 29 years?
The article ignores the fact that the real estate bubble and consumer debt of recent times was caused by decades of low interest rates. Why...
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