Tue, 25 March 2014
Danielle Park believes Fed Chair Janet Yellen when she claims that QE is coming to an end and interest rates will be raised. Does this mean that the Fed will no longer finance the US budget deficit? Danielle says yes. If true, this would be a sea change. The Congress would have to change its evil ways and actually balance the budget. Few can see that day coming, but Danielle believes it will soon be here.
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