"quantitative easing is temporarily hiding financial problems of governments and individuals by forcing interest rates to be very low. This makes cars and homes more affordable, and keeps the amount of interest paid by the federal government very low. We know that these artificially low interest rates are temporary, though. Once they “go away,” tax rates will need to rise, and asset prices (stock prices, bond prices, and home prices) will drop." ourfiniteworld/2013/08/13/stumbling-blocks-to-figuring-out-the-real-oil-limits-story/#comments
Posted on: Sat, 17 Aug 2013 01:24:39 +0000
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