4 Responses to Interest rates rising? WRONG
Amazing chart… good stuff.
Thank you Scott, this is an important story which will most certainly affect the central theme of this next decade.
At the moment, my policy is to not hold dollars, and I’m prepared to avert exposure to the underlying ills of your chart. Whatever we face at the moment, the outlandish public policy concerning interest rates terrifies me far more.
I am willing to place the vast preponderance of my net wealth to say this decade will be remembered as the end of the Keynesian century.
Relax ! We are Japan…Another lost decade is upon us…
Unfortunately, we aren’t Japanese. Hence our 4% savings rate to their 60-70% plus…