Re:The U.S. government’s failed 1890s attempt to forge unity...
by dragonwriter on Friday June 11, 2021 @06:26PM
(#27479236)
> The real problem is that the Fed isn't powerful enough. It can only set the interest rate and it can't even set it below 0%,
AFAICT, experts have for years (even before the recent spat of foreign NIRP uses provided additional experience on the effects and raised new questions about whether the Fed would use them) long indicated that the Fed can set and pursue a negative target rate, but has never really shown interest in doing.
AFAICT, experts have for years (even before the recent spat of foreign NIRP uses provided additional experience on the effects and raised new questions about whether the Fed would use them) long indicated that the Fed can set and pursue a negative target rate, but has never really shown interest in doing.