A Healing Economy

ealed by Monetary Policy..Now the bill is due

Here’s a quick-turnaround job for TIME. The Federal Reserve is raising interest rates–and maybe that’s a good thing for the economy. The author says low rates and quantitative easing were the treatment for a sick economy. Now that we’re nearly back to health, er full employment, a rate hike is the equivalent of paying the doctor for his services.

17. March 2017 by John W. Tomac
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