Ep 214 Tom Luongo: The Fed vs Davos
Liberty Lockdown
00:00
Is the Fed Going to Rise Interest Rates?
Europe has been at the negative as been negative below the zero bound at negative rates since 2014. Most of Europe actually doesn't run on their own currency. The Fed always winds up having to pivot because when the cost of euro dollar starts to go up and all these loans that are dollar-denominated start to go south. Once the pension crisis in the UK a couple of weeks ago, now I believe that was an operation by dollar bus in order to bring down less trust.
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