Suppressing interest rates blows up bubbles. Bubbles pop. From Alex J. Polluck at mises.org: Published in The New York Sun: Central bankers whistle 'Dixie' as mark-to-market losses dramatically shrink the banking system's economic capital. … Read on blog or Reader STRAIGHT LINE LOGIC Read on blog or Reader It's the Fed That's a Risk to Financial Stability, by Alex J. Polluck Robert Gore June 9 Suppressing interest rates blows up bubbles. Bubbles pop. From Alex J. Polluck at mises.org: Published in The New York Sun: Central bankers whistle 'Dixie' as mark-to-market losses dramatically shrink the banking system's economic capital. Whistling a happy tune, the Federal Reserve vice chairman for supervision, Michael Barr, recently testified to Congress that "overall, the banking […] Continue reading Comment Like You can also reply to this email to leave a comment.

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