We’ve Been ZIRPed: The perils of the zero interest rate policy. “…talk in hushed tones to Wall Street hedge funds, and they may explain the dollar carry trade, the one where you borrow or even short U.S. dollars and buy currencies, bonds, and stocks in higher yielding, emerging market countries​—​yes, the Fed is stimulating, but in places like India, South Africa, and Brazil.” We live in the Age of Zero: zeros in the White House and Congress, zero interest rates, zero growth, zero improvement, zero other ideas… Zero.

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4 Comments on "We’ve Been ZIRPed"

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Old Goat
Member
Old Goat
December 24, 2012 9:16 am

Zero Global Warming
Zero sea level rise (or at least very little)
Zero common sense amongst governments, who, in turn, have zero interest in their countrymen – only in their money.

redabogado
Member
redabogado
December 24, 2012 8:51 am

Zero-bama, yes he can!!! make life worse…..

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