In Pursuit of Virtue – Fall Is Coming Edition
Need reasons?
- Bad Things Happen When Government Debt Exceeds 100% of GDP
- Bad Things Happen When Private Debt Rises Above 160-175% of GDP
- The Nonexistent or Minimal Wealth Effect
- Quantitative Easing Effects on Treasury Bond Yields and Inflation
- The Fed Made Things Worse
Understand each of these bullet points by reading this article.
