In response to
"Yes, I agree."
by
pmb
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Right, and this is really a carry over from the financial crisis/Bush pressure on the Fed
Posted by
JackDawson (aka dawson)
Mar 16 '20, 07:27
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The Fed was too weary given the relatively slow growth rates in 2009-2020 to increase them too quickly
The hangover from the 2008 debacle lingers,
But worry now as I'm sure the companies will be the first at the trough to feed and I'm sure we'll again say "WE HAVE TO BAIL THEM OUT OTHERWISE THE WHOLE ECONOMY WILL SUFFER"
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