Which routed those funds through the economy's financial circuit and caused ZIRP, inflation in asset prices, and the evaporation of risk premiums.
But the pendulum swinging rapidly to the other side has routed all those funds through the real economy, caused goods inflation, and looks like it will crash the economy.
alt Hacker News
Which routed those funds through the economy's financial circuit and caused ZIRP, inflation in asset prices, and the evaporation of risk premiums.
But the pendulum swinging rapidly to the other side has routed all those funds through the real economy, caused goods inflation, and looks like it will crash the economy.