This may seem scary on its surface, but the GEOTUS musing devaluing the US $ a while back would be how you 'correct' things. There would be a series of 'corrections' domestically and abroad, attracting foreign spending which we can benefit from if our manufacturing/export segment is strong.
Short term impact on domestic investments, minimal on savings.
Since when is QE new ? They just renamed it NOT QE. It’s been going on for over a decade. To me, that ain’t new. If you buy A new car and drive it for over 10 years, is it still newish ?
This may seem scary on its surface, but the GEOTUS musing devaluing the US $ a while back would be how you 'correct' things. There would be a series of 'corrections' domestically and abroad, attracting foreign spending which we can benefit from if our manufacturing/export segment is strong.
Short term impact on domestic investments, minimal on savings.
Wouldn't happen now, econ-normies wouldn't understand.
2nd term.
Now do China
Since when is QE new ? They just renamed it NOT QE. It’s been going on for over a decade. To me, that ain’t new. If you buy A new car and drive it for over 10 years, is it still newish ?