The Fed’s Worst Nightmare: What If ZIRP And Asset Bubbles Actually Retard Growth?

Six years of zero percent interest rates and trillions and trillions of new public debt have failed to restore economic health, but Keynesians say that we just haven't given it enough time or effort.....But maybe zero percent interest rates and asset bubbles hinder rather than help a real recovery. Maybe they resurrect the zombie of a failed model and prevent something viable and lasting from gaining traction?
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