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That sounds like a black swan. Rates that are historically unprecedented will soon become the norm. I can't say if you're wrong or not, but I don't think I'd gamble on it.


Jeremy Siegel who has proven to call monetary policy correct and proved the fed wrong many times is calling what the fed is doing the 2nd worse mistake since great depression.

If you think these morons can't cause a bust much worse than 2008 then pray to god Siegel is wrong for once.

https://youtu.be/vNGdI4i9xok?t=581


How are they unprecedented?

https://fred.stlouisfed.org/series/fedfunds

The latter half of the 90s was >5%.


Low, not high. They're talking about 0 and <0.




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