Who will pay when this credit bubble bursts? The poor and middle class, not the elites. If those injured most by Fed policy could understand, they would be marching at Yellen’s door with protest signs, screaming “Show us the wealth effect!”
Who will pay when this credit bubble bursts? The poor and middle class, not the elites. If those injured most by Fed policy could understand, they would be marching at Yellen’s door with protest signs, screaming “Show us the wealth effect!”