Re: A Soft Landing for US Debt?
Posted: Tue Nov 11, 2014 1:10 am
Deflation because of the gold link caused the Great Depression along with trade restrictions.
Anyway, the soft landing is on schedule for next year (2015) when the Fed starts raising short term rates. A hard landing is simply Fed incompetence, both of policy and of managing expectations.
Anyway, the soft landing is on schedule for next year (2015) when the Fed starts raising short term rates. A hard landing is simply Fed incompetence, both of policy and of managing expectations.