Loading ...What that ZH reader misses is that the debt levels ensure rates can never get near real inflation…..real inflation could be 10 % and that is conservative…..that means upping rates near 1000 %, from current near zero levels…..imagine how the millenial woksters would react.
Plus in both Germany and Japan u had massive savings and governments were not running massive debt either…..all the Fed can do is rig the mkts..