Is the FED Behaving Like A ‘Zombie’?
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Central Bankers are continuing to use ‘old discredited’ models.  In these models, the ‘interest rate’ is the key policy tool, which are being used to be ‘dialed’, up and down, so as to ensure good economic performance.

If a positive interest rate does not suffice, then a negative interest rate should do the trick, right???

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Posted 05-17-2016 9:40 AM by Chris Vermeulen