PDA

View Full Version : The End of Cheap Money and Cheap Loans (w/ Richard Wolff)



The Lawspeaker
01-11-2020, 07:42 PM
https://www.youtube.com/watch?v=KfYW4gJbvqE

The Federal Reserve is pouring money into the markets and it is swinging the markets. There are $4.16 trillion of funds in the Fed and the GDP is only $20 trillion. Flooding the economy is a stimulus for the economy, but it has meant that we have become to expect and rely on low interest loans and money. It has become too dangerous to take the country off its intravenous drip of cheap money.