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Stephanie Pomboy on the Corporate Credit Crunch | #494

The Meb Faber Show - Better Investing

CHAPTER

The Fed Is Still Tightening

Every day when the Fed raises rates, it doesn't impact anyone until they have to borrow at higher rates. The US economy has become so addicted to credit that we now require more and more credit fuel to go each GDP mile. Just keeping rates steady is effectively less GDP growth because of diminishing marginal returns on credit.

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